STOCK TITAN

Cutera, Inc. - CUTR STOCK NEWS

Welcome to our dedicated page for Cutera news (Ticker: CUTR), a resource for investors and traders seeking the latest updates and insights on Cutera stock.

Cutera, Inc. (symbol: CUTR) is a leading innovator in the field of medical aesthetics, specializing in the design, development, manufacturing, marketing, and servicing of energy-based aesthetic systems. Established in 1998 by experienced laser and optical engineers in Brisbane, California, Cutera has grown to become a trusted authority in face and body energy-based medical aesthetic technologies.

Cutera pioneered Nd:YAG technology and has continued to innovate, offering a premium portfolio of products that include Xeo®, truSculpt®, and excel V™. In 2014, the company expanded its product line with two significant additions: excel HR™, which provides high-speed, comfortable hair removal, and enlighten™, the industry's first system combining picosecond and nanosecond wavelengths.

With a presence in over 40 countries and direct operations in North America, France, Australia, Japan, and Hong Kong, Cutera is committed to meeting the evolving needs of the medical aesthetic community. Their solutions are designed to deliver better results, faster and safer than ever before.

The company markets its products under various trademarks, including Cutera, Acutip, Coolglide, Enlighten, Excel HR, Excel V, Genesis Plus, Pico-genesis, Titan, truSculpt, and Xeo. Cutera derives the majority of its revenue from the United States but maintains a strong international presence.

Recent achievements include the introduction of innovative products that have set new industry standards. Cutera's focus on research and development ensures that they remain at the forefront of the medical aesthetic technology market, continuously providing advanced solutions to practitioners worldwide.

For the latest updates and relevant information about Cutera's performance, events, and developments, stay tuned to Cutera's news section on StockTitan.

Rhea-AI Summary

Cutera, Inc. (Nasdaq: CUTR) reported Q1 2024 financial results with revenue of $38.8 million, a 29% decrease from the previous year. The company highlighted a strong sequential increase in AviClear revenue and the successful launch of xeo+. Gross profit was $12.4 million, operating expenses were $31.9 million, and cash equivalents were $105.4 million. Cutera reiterated its 2024 revenue guidance of $160-170 million.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-7.26%
Tags
-
Rhea-AI Summary
Cutera, Inc. (Nasdaq: CUTR) will announce its financial results for the first quarter ended March 31, 2024, on May 9, 2024. The Company's management will host a conference call to discuss the results at 1:30 p.m. PT (4:30 p.m. ET) on the same day. Participants can register for the call to receive dial-in details and a unique PIN. The call will also be webcast on Cutera's Investor Relations website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.92%
Tags
-
Rhea-AI Summary
Cutera, Inc. (CUTR) launches xeo+, a cutting-edge laser and light-based multi-application platform, improving treatment times, ease of use, and patient experience. The platform offers updated features and redesigned handpieces for faster treatments and enhanced comfort. xeo+ builds on the success of xeo, introducing new technology to meet evolving industry demands.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
10.29%
Tags
none
Rhea-AI Summary
Cutera, Inc. reported financial results for Q4 and full-year 2023 with revenue exceeding guidance, cash and securities ahead of expectations, and completion of a corporate restructuring program. Despite revenue declines, the company remains focused on operational excellence and global expansion of AviClear franchise.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-30.43%
Tags
-
Rhea-AI Summary
Cutera, Inc. (Nasdaq: CUTR) announces the delay in filing Quarterly Reports due to an inventory shortfall, affecting the release of financial results for the fourth quarter and full year 2023. The Company plans to file its reports by March 21, 2024, and hold a conference call for investors and analysts to discuss the matter.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
7.59%
Tags
-
Rhea-AI Summary
Cutera, Inc. (CUTR) announced the international limited commercial release of AviClear, the first energy-based device FDA-cleared for the long-term treatment of acne. The device, available in select practices in the United Kingdom, Europe, and Australia, uses a 1726nm laser to target and suppress sebum production. The pivotal clinical trial showed a 92% response rate and a 79% median reduction in inflammatory lesions at the 12-month mark. AviClear has received positive feedback from dermatologists and has been recognized by major beauty publications and awarded Cosmopolitan's 2023 Acne Award as Best Pro Treatment for Active Acne.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.02%
Tags
none
Rhea-AI Summary
Cutera, Inc. (Nasdaq: CUTR) announces unaudited financial results for the year ended December 31, 2023, with revenue expected in the range of $211.5 million to $212.5 million, surpassing prior guidance, and cash and marketable securities of approximately $143 million as of the end of the fourth quarter. CEO Taylor Harris highlighted operational improvements and corporate restructuring, setting the stage for a broader product launch in 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
34.65%
Tags
-
Rhea-AI Summary
Cutera, Inc. (Nasdaq: CUTR) announced that their new Chief Legal Officer, Stephana Patton, will receive inducement awards in the form of stock options, restricted stock units, and performance stock units. These awards are subject to vesting conditions based on Ms. Patton's continued employment and the achievement of specific share price targets. The awards are granted in accordance with the Cutera, Inc. 2023 Inducement Equity Incentive Plan and Nasdaq Listing Rule 5635(c)(4).
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.28%
Tags
none
-
Rhea-AI Summary
Cutera, Inc. (Nasdaq: CUTR) received a notice from Nasdaq indicating non-compliance with listing rules due to the inability to file its Form 10-Q for the period ended September 30, 2023. The notice has no immediate effect on the listing or trading of the Company’s securities. Cutera has 60 days to submit a plan to regain compliance, with a possible extension of up to 180 days. However, there is no assurance that Nasdaq will accept the plan, and the Company is working diligently to complete the Form 10-Q.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.28%
Tags
none
Rhea-AI Summary
Cutera, Inc. (Nasdaq: CUTR) announces the appointment of Stephana Patton, Ph.D., J.D. as Chief Legal Officer, effective November 13, 2023. Dr. Patton will lead legal, compliance, intellectual property, and human resources functions, bringing over two decades of legal experience in the life sciences industry. The appointment reflects Cutera's commitment to operational excellence, customer support, and growth of the AviClear franchise.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.57%
Tags
management

FAQ

What is the current stock price of Cutera (CUTR)?

The current stock price of Cutera (CUTR) is $0.3637 as of December 20, 2024.

What is the market cap of Cutera (CUTR)?

The market cap of Cutera (CUTR) is approximately 7.4M.

What does Cutera, Inc. specialize in?

Cutera specializes in the design, development, manufacture, marketing, and servicing of energy-based aesthetic systems for medical practitioners.

When was Cutera, Inc. established?

Cutera, Inc. was established in 1998.

What are some of Cutera’s key products?

Some of Cutera’s key products include Xeo®, truSculpt®, excel V™, excel HR™, and enlighten™.

Where is Cutera, Inc. headquartered?

Cutera, Inc. is headquartered in Brisbane, California.

In how many countries does Cutera have a presence?

Cutera has a presence in over 40 countries.

What technology did Cutera pioneer?

Cutera pioneered Nd:YAG technology.

Where does Cutera derive the majority of its revenue?

Cutera derives the majority of its revenue from the United States.

What is the significance of the product excel HR™?

The excel HR™ provides high-speed, comfortable hair removal.

What is unique about the enlighten™ system?

The enlighten™ system is the industry's first to combine picosecond and nanosecond wavelengths.

How does Cutera stay at the forefront of the industry?

Cutera focuses on continuous research and development to provide advanced solutions and set new industry standards.

Cutera, Inc.

Nasdaq:CUTR

CUTR Rankings

CUTR Stock Data

7.38M
19.79M
1.98%
37.44%
20%
Medical Devices
Electromedical & Electrotherapeutic Apparatus
Link
United States of America
BRISBANE