Cutera, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2021
May 05, 2021 at 02:21 pm EDT
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Cutera, Inc. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced total revenue was USD 49.668 million compared to USD 32.239 million a year ago. Operating income was USD 1.165 million compared to operating loss of USD 12.129 million a year ago. Net loss was USD 359,000 compared to USD 12.414 million a year ago. Basic loss per share from continuing operations was USD 0.02 compared to USD 0.86 a year ago.
Cutera, Inc. develops, manufactures, distributes, and markets energy-based product platforms for medical practitioners, enabling them to offer treatments to their customers. The Company distributes third-party manufactured skincare products and secret systems and consumables. Its system platforms include AviClear, enlighten, excel, truSculpt, Secret PRO, Secret RF, and xeo. The Companyâs Cutera Core segment consists of the Companyâs systems, consumables, skincare, and service businesses. The Cutera Core segment develops, distributes and manufactures energy-based systems for medical practitioners in addition to distributing third-party manufactured skincare products in Japan. The Companyâs AviClear segment consists of the AviClear business. The Companyâs acne solution, AviClear, is a prescription-free, drug-free laser treatment for the treatment of mild to severe acne. Its products include CUTERA, ACUTIP 500, AVITM, AVI360, AVIANALYTICSTM, AVICARE COOLGLIDE, and more.
CUTERA, INC. 
