Cutera, Inc. CUTR

https://www.businesswire.com/news/home/20240426012002/en/Cutera-to-Announce-First-Quarter-Results-on-May-9-2024?utm_campaign=shareaholic&utm_medium=copy_link&utm_source=bookmark

Cutera Announces Fourth Quarter and Full-Year 2023 Financial Results Along with 2024 Outlook
March 21, 2024 04:01 PM Eastern Daylight Time
BRISBANE, Calif.--(BUSINESS WIRE)--Cutera, Inc. (Nasdaq: CUTR) (“Cutera” or the “Company”), a leading provider of aesthetic and dermatology solutions, today reported financial results for the fourth quarter and full-year ended December 31, 2023.

“We are now squarely focused on our most important priorities, which are operational excellence and building a successful AviClear franchise across the globe.”
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Consolidated revenue for the fourth quarter of 2023 of $49.5 million
Full-year 2023 revenue of $212.4 million, ahead of guidance of approximately $205 million
Cash and marketable securities of $143.6 million as of December 31, 2023, ahead of guidance of approximately $135 million
Completion of corporate restructuring program, allowing for both an improved cost structure and better organizational alignment
Successful execution of the North American limited commercial release of the enhanced AviClear product and business model offering during the fourth quarter of 2023

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