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Stock impact report

Cutera Reports Third Quarter 2019 Financial Results

Cutera, Inc. (CUTR) 
Last cutera, inc. earnings: 2/26 04:10 pm Check Earnings Report
Company Research Source: Business Wire
14% Revenue Growth Driven by Strong Recurring Revenue and truSculpt® Product SalesRaises Full Year Financial GuidanceAnnounces Planned Departure of Chief Financial Officer Sandra Gardiner BRISBANE, Calif.--(BUSINESS WIRE)--Cutera, Inc. (NASDAQ: CUTR) (“Cutera” or the “Company”), a leading provider of laser and other energy-based aesthetic systems for practitioners worldwide, today reported financial results for the third quarter ended September 30, 2019.2019 Third Quarter Financial and Operational HighlightsRevenue was $46.1 million, an increase of 14% over the prior year period.truSculpt portfolio revenue grew 43% over the prior year period, driven in part by the successful launch of truSculpt flex, the Company’s new muscle sculpting platform.Recurring revenue of $11.2 million grew 51% over the prior year period, with growth balanced across service, skincare product, and procedure-related consumable revenues.International revenue grew 21% over the prior year period, reflecting con Show less Read more
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