secwatch.observer — SEC 8-K summary
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Issuer:     CUTERA INC (—)
CIK:        0001162461
Form:       8-K
Filed at:   2024-05-09T23:59:59+00:00
Accession:  0001628280-24-022196
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Cutera Q1 2024 revenue $38.8M (-29% YoY), operating loss widens; FY guidance reaffirmed
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- Revenue $38.8M, down 29% YoY; gross profit margin 32% GAAP, 38.2% non-GAAP.
- Non-GAAP operating loss $20.4M vs $17.6M loss in Q1 2023.
- Cash $105.4M at March 31, down from $143.6M at Dec 31, 2023.
- Reaffirms FY2024 revenue guidance $160-170M, ending cash ~$55-60M.
- AviClear revenue showed strong sequential gain; launched xeo+ and Cutera Academy.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1162461/000162828024022196/0001628280-24-022196-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1162461/000162828024022196/cutr-20240509.htm
  HTML page:      https://secwatch.observer/filing/0001628280-24-022196

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