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Cutera: 1Q Earnings Snapshot

May 7, 2020 GMT

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.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CUTR at https://www.zacks.com/ap/CUTR