BRISBANE, Calif. (AP) _ Cutera Inc. (CUTR) on Wednesday reported a loss of $2.1 million in its fourth quarter.
The Brisbane, California-based company said it had a loss of 15 cents per share. Earnings, adjusted for stock option expense and non-recurring costs, came to 14 cents per share.
The maker of laser skin treatments posted revenue of $51.8 million in the period.
For the year, the company reported that its loss narrowed to $12.3 million, or 88 cents per share. Revenue was reported as $181.7 million.
Cutera expects full-year revenue in the range of $194 million to $200 million.
Cutera shares have declined 33% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $23.94, an increase of 40% in the last 12 months.