Cutera Q3 Sales $46.50M Miss $52.70M Estimate
Portfolio Pulse from Benzinga Newsdesk
Cutera's Q3 sales were reported at $46.50 million, missing the analyst consensus estimate of $52.70 million by 11.76 percent. This represents a 25.96 percent decrease compared to the same period last year.
November 08, 2023 | 9:58 pm
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NEGATIVE IMPACT
Cutera's Q3 sales missed the analyst consensus estimate by 11.76%, and decreased by 25.96% compared to the same period last year.
Cutera's Q3 sales missed the analyst consensus estimate by a significant margin and also showed a substantial year-over-year decrease. This could negatively impact investor sentiment and potentially lead to a decrease in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100