Cutera (CUTR) Reports Q3 Loss, Misses Revenue Estimates
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Cutera (CUTR) reported a Q3 loss of $1.85 per share, missing the Zacks Consensus Estimate of a $0.96 loss. This is a larger loss compared to $1.61 per share a year ago.
November 08, 2024 | 12:00 am
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Cutera reported a larger-than-expected Q3 loss of $1.85 per share, missing the Zacks Consensus Estimate of $0.96. This indicates a worsening financial performance compared to the previous year.
The larger-than-expected loss and the miss on revenue estimates suggest negative sentiment and potential downward pressure on Cutera's stock price in the short term. The comparison to last year's performance indicates a deteriorating financial situation.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100