Cutera Announces Preliminary Financial Results for Fourth Quarter and Full-Year 2019
January 12 2020 - 07:00PM
Business Wire
Cutera, Inc. (NASDAQ: CUTR) (“Cutera” or the “Company”), a
leading provider of energy-based aesthetic systems for
practitioners worldwide, today announced certain preliminary,
unaudited, financial results for the fourth quarter and year ended
December 31, 2019. These results are subject to the completion of
the Company’s year-end financial reporting processes, reviews, and
audit.
- The Company expects to report revenue in the range of $51 to
$52 million for the fourth quarter 2019, representing
year-over-year growth between 12% and 14%.
- The Company expects to report revenue in the range of $180.9 to
$181.9 million for the full-year 2019, exceeding previous full-year
guidance of $177 to $179 million and representing year-over-year
growth between 11% and 12%.
Cutera’s Chief Executive Officer, Dave Mowry, and Interim Chief
Financial Officer, Fuad Ahmad, will be hosting investor meetings in
San Francisco from January 13 to 16. To request a meeting, please
contact Anne Werdan, Director of Investor Relations, at
awerdan@cutera.com or 415-657-5500.
About Cutera, Inc.
Brisbane, California-based Cutera is a leading provider of
energy-based aesthetic systems for practitioners worldwide. Since
1998, Cutera has been developing innovative, easy-to-use products
that enable physicians and other qualified practitioners to offer
safe and effective aesthetic treatments to their patients. For more
information, call 1-888-4CUTERA or visit cutera.com
Safe Harbor Statement
Certain statements in this press release, other than purely
historical information, are “forward-looking statements” within the
meaning of the Private Securities Litigation Reform Act of 1995,
Section 27A of the Securities Act, and Section 21E of the
Securities Exchange Act of 1934, as amended (the “Exchange Act”).
These statements include, but are not limited to, Cutera’s plans,
objectives, strategies, financial performance and outlook, and
involve known and unknown risks that are difficult to predict. As a
result, our actual financial results, performance, achievements or
prospects may differ materially from those expressed or implied by
these forward-looking statements. In some cases, you can identify
forward-looking statements by the use of the future tense, and
words such as “expect,” “may,” “could,” “seek,” “guidance,”
“predict,” “potential,” “likely,” “believe,” “will,” “should,”
“anticipate,” “estimate,” “plan,” “intend,” “forecast,” “foresee”
or variations of these terms and similar expressions, or the
negative of these terms or similar expressions. Forward-looking
statements are based on management's current, preliminary
expectations and are subject to risks and uncertainties, which may
cause Cutera's actual results to differ materially from the
statements contained herein. These statements are not guarantees of
future performance, and stockholders should not place undue
reliance on forward-looking statements. There are a number of
risks, uncertainties and other important factors, many of which are
beyond our control, that could cause our actual results to differ
materially from the forward-looking statements contained in this
press release, including those described in the “Risk Factors”
section of Annual Reports on Form 10-K, Quarterly Reports on Form
10-Q, Current Reports on Form 8-K, the Registration Statement on
Form S-8 and other documents filed from time to time with the
United States Securities and Exchange Commission by Cutera.
All information in this press release is as of the date of its
release. Accordingly, undue reliance should not be placed on
forward-looking statements. Cutera undertakes no obligation to
update publicly any forward-looking statements to reflect new
information, events or circumstances after the date they were made,
or to reflect the occurrence of unanticipated events. If we update
one or more forward-looking statements, no inference should be
drawn that we will make additional updates with respect to those or
other forward-looking statements. Cutera's financial performance
for the fourth quarter and full year ended December 31, 2019, as
discussed in this release, is preliminary and unaudited, and
subject to adjustment.
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version on businesswire.com: https://www.businesswire.com/news/home/20200112005027/en/
Cutera, Inc. Anne Werdan Director of Investor Relations
415-657-5500 awerdan@cutera.com
Tanya Rodante Director of Corporate Communications 415-657-5500
trodante@cutera.com
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