Cutera Reiterates FY24 Revenue $160M-$170M Vs $162.874M
Portfolio Pulse from Benzinga Newsdesk
Cutera has reiterated its fiscal year 2024 revenue guidance, projecting revenues to be in the range of $160 million to $170 million, compared to analyst expectations of $162.874 million.
May 09, 2024 | 9:35 pm
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Cutera reconfirms its FY24 revenue outlook, aiming for $160M-$170M, in line with the analyst consensus of $162.874M.
Reiterating revenue guidance, especially when it aligns closely with analyst expectations, can be seen as a positive signal of stability and confidence in the company's financial outlook. This reaffirmation from Cutera could lead to positive investor sentiment in the short term, potentially supporting or lifting the stock price as it aligns with market expectations.
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