Cutera (CUTR) Reports In-Line Q1 EPS, Offers Guidance, CFO Resigns

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Cutera Reports First Quarter 2017 Financial Performance

May 1, 2017 4:05 PM EDT

BRISBANE, Calif., May 01, 2017 (GLOBE NEWSWIRE) -- 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 first quarter ended March 31, 2017. 

Key operating highlights and financial performance for the first quarter of 2017, when compared to the first quarter of 2016, were as follows:

Revenue:

Increased 31% to a record first quarter $29.3 million, due primarily to 60% growth in North America product revenue.  International product revenue also contributed growth of 14%.Eleventh consecutive quarter of double-digit revenue... More