Cutera: 1Q Earnings Snapshot
BRISBANE, Calif. (AP) _ Cutera Inc. (CUTR) on Thursday reported a loss of $12.4 million in its first quarter.
The Brisbane, California-based company said it had a loss of 86 cents per share. Losses, adjusted for stock option expense and non-recurring costs, came to 60 cents per share.
The maker of laser skin treatments posted revenue of $32.2 million in the period.
Cutera shares have decreased 62% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $13.49, a decline of 27% in the last 12 months.