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Cutera reports 1Q loss

BRISBANE, Calif. (AP) _ Cutera Inc. (CUTR) on Monday reported a loss of $1 million in its first quarter.

The Brisbane, California-based company said it had a loss of 7 cents per share.

The maker of laser skin treatments posted revenue of $29.3 million in the period.

For the current quarter ending in July, Cutera said it expects revenue in the range of $32 million.

The company expects full-year earnings to be 45 cents to 50 cents per share, with revenue expected to be $140 million.

Cutera shares have increased 18 percent since the beginning of the year. In the final minutes of trading on Monday, shares hit $20.50, a rise of 76 percent in the last 12 months.


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


Keywords: Cutera, Earnings Report