Earnings Recap: Cutera Inc. (NASDAQ: CUTR)

Dorothy Owen

I am Dorothy Owen and I give “Seeking Review” an insight into the most recent news hitting the “Healthcare” sector in Wall Street.

I have been an independent financial adviser for over 11 years in the city and in recent years turned my experience in finance and passion for journalism into a full time role. I perform analysis of Companies and publicize valuable information for shareholder community.

Address: 454 Cottrill Lane, Saint Louis, MO 63108, USA
Phone: (+1) 314-388-9712
Email: dorothy.owen@seekingreview.com
Dorothy Owen

BRISBANE, Calif., August 17, 2019 – Shares of Cutera Inc. (NASDAQ: CUTR) inclined 1.26% to $31.32. The stock grabbed the investor’s attention and traded 25.385K shares as compared to its average daily volume of 119.51K shares. The stock’s institutional ownership stands at 93.80%.

Cutera, Inc. (NASDAQ: CUTR) reported a loss of $8.20M in its first quarter. The Brisbane, California-based company said it had a loss of 59 cents per share. Losses, adjusted for non-recurring costs and stock option expense, came to 35 cents per share.

The maker of laser skin treatments posted revenue of $36.0M in the period. Cutera anticipates full-year revenue in the range of $165.0M to $175.0M.

CUTR has a market value of $324.46M while its EPS was booked as $-2.65 in the last 12 months. The stock has 10.49M shares outstanding. In the profitability analysis, the company has gross profit margin of 48.80% while net profit margin was -21.10%. Beta value of the company was 0.91; beta is used to measure riskiness of the security.

Dorothy Owen

Dorothy Owen

I am Dorothy Owen and I give “Seeking Review” an insight into the most recent news hitting the “Healthcare” sector in Wall Street. I have been an independent financial adviser for over 11 years in the city and in recent years turned my experience in finance and passion for journalism into a full time role. I perform analysis of Companies and publicize valuable information for shareholder community. Address: 454 Cottrill Lane, Saint Louis, MO 63108, USA Phone: (+1) 314-388-9712 Email: dorothy.owen@seekingreview.com