Cutera (CUTR) Reports In-Line Q2 EPS, provides guidance

Cutera (NASDAQ: CUTR) reported Q2 EPS of ($1.23), in-line with the analyst estimate of ($1.23). Revenue for the quarter came in at $34.4 million versus the consensus estimate of $38.69 million.

GUIDANCE:

Cutera sees FY2024 revenue of $140-145 million, versus the consensus of $161.8 million,
compared to previous revenue guidance of $160 million to $170 million. Cash, cash equivalents, and restricted cash guidance is updated to approximately $40 million at December 31, 2024, from the Company’s previous guidance of a range from $55 million to $60 million.

For earnings history and earnings-related data on Cutera (CUTR) click here.

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