CUTR Stock - Cutera, Inc.
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Financial Statements
| Metric | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|
| Revenue | $212.37M | $252.40M | $231.27M | $147.68M | $181.71M |
| Gross Profit | $41.49M | $139.83M | $133.10M | $75.77M | $98.16M |
| Gross Margin | 19.5% | 55.4% | 57.6% | 51.3% | 54.0% |
| Operating Income | $-156,230,000 | $-38,190,000 | $-1,286,000 | $-22,828,000 | $-12,064,000 |
| Net Income | $-162,833,000 | $-82,340,000 | $2.06M | $-23,877,000 | $-12,348,000 |
| Net Margin | -76.7% | -32.6% | 0.9% | -16.2% | -6.8% |
| EPS | $-8.19 | $-4.39 | $0.12 | $-1.43 | $-0.88 |
Cutera, Inc., a medical device company, researches, develops, manufactures, markets, and services laser and energy-based aesthetics systems for practitioners worldwide. The company offers Secret PRO, a device that utilizes fractional CO2 for skin resurfacing and radio frequency (RF) microneedling for deep dermal remodeling; truSculpt flex, a bio-electrical muscle stimulation device to treat patients at all fitness levels; excel V+, a vascular and benign pigmented lesion treatment platform; truSculpt iD, for the non-surgical body sculpting market; and Secret RF, a fractional RF microneedling system for tissue coagulation and hemostasis. It also provides enlighten platform, a laser system that is used for tattoo removal, as well as to treat benign pigmented lesions and acne scars; excel HR platform, a hair removal solution for various skin types; and xeo platform, a multi-application platform on which a customer purchases hand piece applications for the removal of unwanted hair, treatment of vascular lesions, and skin revitalization by treating discoloration, fine lines, and laxity. In addition, the company distributes skincare products; and offers post-warranty services through extended service contracts or direct billing. Further, it provides pulsed light hand pieces for the treatment of discoloration, hair removal, and vascular treatments; and Pearl and Pearl Fractional hand pieces, as well as sells hand piece refills, cycle refills, consumable tips, and marketing brochures through the company's website. The company markets and sells its products through direct sales force to plastic surgeons, dermatologists, gynecologists, family practitioners, primary care physicians, and other qualified practitioners, as well as for physicians performing aesthetic treatments in non-medical offices. Cutera, Inc. was incorporated in 1988 and is headquartered in Brisbane, California.
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Price Targets
Recent Analyst Actions
| Date | Firm | Action | Rating | Price Target |
|---|---|---|---|---|
| March 22nd 2024 | William Blair | Upgrade | Market Perform | - |
| July 27th 2023 | Piper Sandler | Upgrade | Neutral | $18← $14 |
| May 11th 2023 | William Blair | Downgrade | Market Perform | - |
| May 10th 2023 | Piper Sandler | Resumed | Underweight | $14 |
| March 30th 2023 | Maxim Group | Downgrade | Hold | - |
| January 31st 2023 | William Blair | Initiation | Market Perform | - |
| January 11th 2023 | Cantor Fitzgerald | Downgrade | Neutral | $33← $85 |
| December 28th 2022 | Stephens | Reiterated | Overweight | $68← $78 |
| October 14th 2022 | Stephens | Resumed | Overweight | $78 |
Earnings History & Surprises
CUTREPS Surprise History
Quarterly EPS Details
| Period | Report Date | Estimated EPS | Actual EPS | Surprise | Result |
|---|---|---|---|---|---|
Q4 2025 | Nov 5, 2025 | — | — | — | — |
Q3 2025 | Aug 6, 2025 | — | — | — | — |
Q2 2025 | May 7, 2025 | — | — | — | — |
Q1 2025 | Mar 20, 2025 | $-0.88 | $-2.27 | -158.0% | ✗ MISS |
Q4 2024 | Nov 7, 2024 | $-0.96 | $-1.85 | -92.7% | ✗ MISS |
Q3 2024 | Aug 8, 2024 | $-0.90 | $-1.20 | -33.3% | ✗ MISS |
Q2 2024 | May 9, 2024 | $-1.09 | $-1.02 | +6.4% | ✓ BEAT |
Q1 2024 | Mar 5, 2024 | $-0.94 | $-1.61 | -71.3% | ✗ MISS |
Q4 2023 | Nov 8, 2023 | $-0.92 | $-1.61 | -75.0% | ✗ MISS |
Q3 2023 | Aug 8, 2023 | $-0.55 | $-0.69 | -25.5% | ✗ MISS |
Q2 2023 | May 9, 2023 | $-0.30 | $-0.80 | -166.7% | ✗ MISS |
Q1 2023 | Feb 28, 2023 | $-0.29 | $-0.11 | +62.1% | ✓ BEAT |
Q4 2022 | Nov 3, 2022 | $-0.30 | $-0.24 | +20.0% | ✓ BEAT |
Q3 2022 | Aug 4, 2022 | $-0.22 | $-0.24 | -9.1% | ✗ MISS |
Q2 2022 | May 10, 2022 | $-0.06 | $-0.32 | -433.3% | ✗ MISS |
Q1 2022 | Feb 22, 2022 | $0.11 | $0.13 | +18.2% | ✓ BEAT |
Q4 2021 | Nov 3, 2021 | $0.08 | $0.17 | +112.5% | ✓ BEAT |
Q3 2021 | Aug 4, 2021 | $0.07 | $0.28 | +300.0% | ✓ BEAT |
Q2 2021 | May 5, 2021 | $-0.16 | $0.15 | +193.8% | ✓ BEAT |
Q1 2021 | Feb 17, 2021 | $0.04 | $0.31 | +588.9% | ✓ BEAT |
Latest News
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