Cutera Q2 EPS $(1.59) Misses $(0.63) Estimate, Sales $61.22M Miss $64.95M Estimate
Portfolio Pulse from mahesh@benzinga.com
Cutera (NASDAQ:CUTR) reported Q2 losses of $1.59 per share, missing the analyst consensus estimate of $0.63 by 152.38%. This is a 562.5% decrease over losses of $0.24 per share from the same period last year. The company also reported quarterly sales of $61.22 million, missing the analyst consensus estimate of $64.95 million by 5.75%. This is a 4.68% decrease over sales of $64.22 million the same period last year.
August 08, 2023 | 8:43 pm
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Cutera's Q2 earnings missed analyst estimates, with a significant increase in losses and a decrease in sales compared to the same period last year.
Cutera's Q2 earnings report shows a significant increase in losses and a decrease in sales compared to the same period last year, both of which missed analyst estimates. This negative financial performance is likely to negatively impact the company's stock price in the short term.
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