cutera was established in the san francisco bay area (brisbane) in 1998 by veteran laser and optical engineers. as the pioneer of nd:yag technology, cutera® is the trusted authority in face + body energy-based medical aesthetic technologies that practitioners around-the-world turn to for innovation, sophistication and performance. at cutera, we’re always looking forward; developing new solutions, products and industry-leading services designed around the needs of medical aesthetic community—delivering better results, faster and safer than ever before. cutera’s premium portfolio of products include: xeo®, trusculpt® and excel v™. in 2014, cutera introduced two new exciting additions to their family of premium products: excel hr™ for high-speed, comfortable, hair removal and enlighten™, the industry’s first picosecond + nanosecond + 2 wavelength high-powered laser system. today, our worldwide presence is represented in 40 countries, with direct operations in north america, france, austra
Company profile
Ticker
CUTR
Exchange
Website
CEO
David Mowry
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Medtronic • Varian Medical Systems • Conmed • Integer • Masimo • Natus Medical • LivaNova • BioPlus Acquisition • QT Imaging • Outset Medical ...
Former names
ALTUS MEDICAL INC
SEC CIK
Corporate docs
Subsidiaries
Cutera Australia Party Limited Australia • Cutera Canada, Inc. Canada • Cutera Limited • Cutera Importing Limited • Cutera France SarL • Cutera Germany GmbH • Cutera HK Limited • Cutera Japan K.K. • Cutera Spain S.L. • Cutera Switzerland GmbH ...
IRS number
770492262
CUTR stock data
Latest filings (excl ownership)
8-K
Termination of a Material Definitive Agreement
4 Apr 24
8-K
Cutera Announces Fourth Quarter and Full-Year 2023 Financial Results along with 2024 Outlook
21 Mar 24
NT 10-K
Notice of late annual filing
18 Mar 24
8-K/A
Revised Second Quarter 2023 Non-GAAP Financial Measures
5 Mar 24
8-K/A
Revised First Quarter 2023 Non-GAAP Financial Measures
5 Mar 24
10-Q
2023 Q3
Quarterly report
5 Mar 24
8-K
Cutera Third Quarter 2023 Financial Measures
5 Mar 24
8-K
Entry into a Material Definitive Agreement
5 Mar 24
Transcripts
CUTR
Earnings call transcript
2023 Q4
21 Mar 24
CUTR
Earnings call transcript
2023 Q3
8 Nov 23
CUTR
Earnings call transcript
2023 Q2
8 Aug 23
CUTR
Earnings call transcript
2023 Q1
9 May 23
CUTR
Earnings call transcript
2022 Q4
28 Feb 23
CUTR
Earnings call transcript
2022 Q3
3 Nov 22
CUTR
Earnings call transcript
2022 Q2
7 Aug 22
CUTR
Earnings call transcript
2022 Q1
11 May 22
CUTR
Earnings call transcript
2021 Q4
23 Feb 22
CUTR
Earnings call transcript
2021 Q3
3 Nov 21
Latest ownership filings
4
Michael Karavitis
8 Apr 24
4
Stuart Drummond
8 Apr 24
4
Michael Karavitis
2 Apr 24
4
Stuart Drummond
2 Apr 24
4
Stuart Drummond
8 Mar 24
4
Jeffrey S Jones
8 Mar 24
4
Stephana Eilene Patton
8 Mar 24
4
Michael Karavitis
8 Mar 24
SC 13G/A
Point72 Asset Management, L.P.
14 Feb 24
SC 13G/A
VANGUARD GROUP INC
13 Feb 24
Financial summary
Quarter (USD) | Jun 23 | Mar 23 | Dec 22 | Sep 22 | |
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Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 181.35 mm | 181.35 mm | 181.35 mm | 181.35 mm | 181.35 mm | 181.35 mm |
Cash burn (monthly) | (no burn) | (no burn) | 10.44 mm | 6.20 mm | 10.42 mm | 8.77 mm |
Cash used (since last report) | n/a | n/a | 103.32 mm | 61.35 mm | 103.15 mm | 86.80 mm |
Cash remaining | n/a | n/a | 78.04 mm | 120.00 mm | 78.21 mm | 94.56 mm |
Runway (months of cash) | n/a | n/a | 7.5 | 19.4 | 7.5 | 10.8 |
Institutional ownership, Q3 2023
13F holders | Current |
---|---|
Total holders | 125 |
Opened positions | 120 |
Closed positions | 0 |
Increased positions | 2 |
Reduced positions | 0 |
13F shares | Current |
---|---|
Total value | 136.11 bn |
Total shares | 24.97 mm |
Total puts | 1.05 mm |
Total calls | 392.30 k |
Total put/call ratio | 2.7 |
Largest owners | Shares | Value |
---|---|---|
RTW Investments | 1.85 mm | $11.12 bn |
Integrated Core Strategies | 1.49 mm | $0.00 |
BLK Blackrock | 1.26 mm | $7.57 bn |
Millennium Management | 1.25 mm | $7.54 bn |
Pura Vida Investments | 1.25 mm | $7.53 bn |
Point72 Asset Management | 1.25 mm | $7.52 bn |
Gamco Investors | 1.14 mm | $6.89 bn |
Balyasny Asset Management | 975.92 k | $5.88 bn |
Vanguard | 966.93 k | $5.82 bn |
Voce Capital Management | 930.70 k | $16.63 mm |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
1 Apr 24 | Stuart Drummond | COMMON STOCK | Payment of exercise | Dispose F | No | No | 1.38 | 13 | 17.94 | 19,580 |
1 Apr 24 | Michael Karavitis | COMMON STOCK | Payment of exercise | Dispose F | No | No | 1.38 | 74 | 102.12 | 72,112 |
6 Mar 24 | Michael Karavitis | COMMON STOCK | Payment of exercise | Dispose F | No | No | 2.11 | 968 | 2.04 k | 72,186 |
6 Mar 24 | Michael Karavitis | Stock Option COMMON STOCK | Grant | Acquire A | No | No | 2.11 | 25,000 | 52.75 k | 70,704 |
6 Mar 24 | Stephana Eilene Patton | COMMON STOCK | Grant | Acquire A | No | No | 0 | 30,000 | 0.00 | 80,000 |
6 Mar 24 | Stephana Eilene Patton | COMMON STOCK | Grant | Acquire A | No | No | 0 | 25,000 | 0.00 | 50,000 |
6 Mar 24 | Stephana Eilene Patton | COMMON STOCK | Grant | Acquire A | No | No | 0 | 25,000 | 0.00 | 25,000 |
6 Mar 24 | Stephana Eilene Patton | Stock Option COMMON STOCK | Grant | Acquire A | No | No | 2.11 | 25,000 | 52.75 k | 55,000 |
6 Mar 24 | Stephana Eilene Patton | Stock Option COMMON STOCK | Grant | Acquire A | No | No | 2.11 | 30,000 | 63.30 k | 30,000 |
6 Mar 24 | Stuart Drummond | COMMON STOCK | Payment of exercise | Dispose F | No | No | 2.11 | 52 | 109.72 | 19,593 |
News
12 Health Care Stocks Moving In Tuesday's After-Market Session
2 Apr 24
Gold Moves Lower; Lululemon Shares Plummet
22 Mar 24
Why Cutera Shares Are Trading Lower By Over 26%? Here Are Other Stocks Moving In Friday's Mid-Day Session
22 Mar 24
12 Health Care Stocks Moving In Friday's Intraday Session
22 Mar 24
Stephens & Co. Reiterates Overweight on Cutera, Maintains $10 Price Target
22 Mar 24
Press releases
Cutera to Announce First Quarter Results on May 9, 2024
26 Apr 24
Cutera Announces Fourth Quarter and Full-Year 2023 Financial Results Along with 2024 Outlook
21 Mar 24
Cutera to Announce Fourth Quarter and Full-Year 2023 Results on March 21, 2024
1 Mar 24
Cutera Announces the International Limited Commercial Release of AviClear® at IMCAS World Congress 2024
8 Feb 24