tiprankstipranks
Cutera Inc Ends Unused $30M Credit Facility Agreement
Company Announcements

Cutera Inc Ends Unused $30M Credit Facility Agreement

Pick the best stocks and maximize your portfolio:

The latest update is out from Cutera Inc (CUTR).

Cutera, Inc. recently reached an agreement to terminate its Loan and Security Agreement with First-Citizens Bank & Trust Company, which had taken over from Silicon Valley Bank. This agreement had provided Cutera with access to a secured revolving loan facility of up to $30 million, set to mature in July 2024. Interestingly, the company had not utilized any portion of this credit line since its inception.

See more insights into CUTR stock on TipRanks’ Stock Analysis page.

Related Articles
TipRanks Auto-Generated NewsdeskCutera Approves Executive Performance and Incentive Bonuses
TipRanks Auto-Generated NewsdeskCutera Reports Q3 2024 Earnings Amid Strategic Focus
TheFlyCutera reports Q3 EPS ($1.94) vs. ($2.22) last year
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App