The earnings call highlighted significant progress in international expansion and operational improvements, particularly in service response times and gross margin. However, these positives were offset by notable challenges such as a decline in revenue, substantial inventory write-downs, and ongoing macroeconomic pressures. While there are promising signs of growth, especially in international markets, the company faces a challenging environment in North America.

Company Guidance

During the Cutera, Inc. Q3 2024 earnings call, the company provided guidance indicating they are maintaining their full-year revenue outlook of $140 million to $145 million, despite challenging business conditions. Gross margin showed improvement, normalized at 42% in Q3, up from 35% in Q2. The company is focused on reducing cash burn by over 50% in 2025, driven by improvements in working capital and cost savings initiatives. Internationally, AviClear's launch has been successful, with over 100 systems sold in approximately 25 countries, and direct markets seeing an average of over nine treatments per device per month. The company is also working to improve their financial health through operational efficiencies and a strategic focus on high-priority accounts, aiming to enhance utilization rates and drive growth.

AviClear International Expansion

Successfully sold over 100 AviClear systems outside of North America, expanding into approximately 25 countries with strong utilization trends.

Operational Improvements

Reduced service backlog globally and improved service response times in North America to industry-leading levels, achieving 90% to 100% response within 72 hours.

Gross Margin Improvement

Normalized gross margin improved to 42% in Q3 compared to 35% in Q2, reflecting operational efficiencies.

Cost Reduction Efforts

Achieved two consecutive quarters of operating expenses below $30 million, excluding non-GAAP adjustments and bad debt expenses.

---

Cutera (CUTR) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

CUTR Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Feb 19, 2025	2024 (Q4)	-0.98 / -	-1.645	―	―	―
Nov 07, 2024	2024 (Q3)	-1.02 / -1.68	-0.87	-92.99% (-0.81)	―
Aug 08, 2024	2024 (Q2)	-1.23 / -1.20	-0.687	-75.11% (-0.52)	―
May 09, 2024	2024 (Q1)	-1.25 / -1.19	-0.803	-47.82% (-0.38)	―
Mar 21, 2024	2023 (Q4)	-0.87 / -1.65	-0.106	-1451.89% (-1.54)	―
Nov 08, 2023	2023 (Q3)	-0.73 / -0.87	-0.24	-262.50% (-0.63)	―
Aug 08, 2023	2023 (Q2)	-0.63 / -0.69	-2.53	72.85% (+1.84)	―
May 09, 2023	2023 (Q1)	-0.39 / -0.80	-0.84	4.40% (+0.04)	―
Feb 28, 2023	2022 (Q4)	-0.24 / -0.11	-0.22	51.82% (+0.11)	―
Nov 03, 2022	2022 (Q3)	-0.38 / -0.24	-0.08	-200.00% (-0.16)	―

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

---

CUTR Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Nov 07, 2024	$0.50	$0.39	-22.00%
Aug 08, 2024	$1.12	$0.76	-32.14%
May 09, 2024	$2.34	$2.18	-6.84%
Mar 21, 2024	$2.30	$1.60	-30.43%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

---