Cutera (CUTR) Misses Q1 EPS by 7c

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Cutera Reports First Quarter 2015 Results

May 7, 2015 4:02 PM EDT

BRISBANE, Calif., May 7, 2015 (GLOBE NEWSWIRE) -- Cutera, Inc. (Nasdaq: CUTR), a leading provider of laser and other energy-based aesthetic systems for practitioners worldwide, today reported financial results for the first quarter ended March 31, 2015.

Key financial highlights for the first quarter of 2015 were as follows:

Revenue increased 18% to $19.1 million, compared to the same period last year, resulting primarily from recently launched new products, enlightenTM and excel HRTM. Product revenue grew 48% in North America and 34% from Rest of the World ("ROW"). Gross... More