Cutera (CUTR) Misses Q3 EPS by 5c

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Cutera Reports Third Quarter 2014 Results

November 3, 2014 4:03 PM EST

BRISBANE, Calif., Nov. 3, 2014 (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 third quarter ended September 30, 2014.

Key highlights for the third quarter of 2014 were as follows:

Revenue increased by 11% to 18.7 million, compared to the same period last year, which was driven by 9% growth in the US and 13% growth in International; Gross Margin increased to 58% compared to 55% in the same period last year; Net Results were a $2.6 million net loss,... More