Cutera posts 4Q profit

Cutera posts profit of $4.2 million in fourth quarter

BRISBANE, Calif. (AP) _ Cutera Inc. (CUTR) on Monday reported fourth-quarter profit of $4.2 million.

On a per-share basis, the Brisbane, California-based company said it had profit of 30 cents.

The maker of laser skin treatments posted revenue of $37.9 million in the period.

For the year, the company reported net income of $2.6 million, or 19 cents per share, swinging to a profit in the period. Revenue was reported as $118.1 million.

For the current quarter ending in April, Cutera said it expects revenue in the range of $26 million to $27 million.

The company expects full-year earnings to be 45 cents to 50 cents per share, with revenue ranging from $135 million to $140 million.

Cutera shares have risen 13 percent since the beginning of the year. In the final minutes of trading on Monday, shares hit $19.60, a rise of 80 percent in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CUTR at https://www.zacks.com/ap/CUTR

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Keywords: Cutera, Earnings Report

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