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financially. business conditions, on with year-over-year we that to last challenging XXXX plans to outlined continue we revenue launch. we basis, the our and track grow remain face international Although AviClear on continued operationally by both driven a quarter,
while controlled gross modestly excluding accounting down expenses, saw sequential some a in and charges. margin underlying we year-over-year, sales, capital improvements operating Core noncash on basis. increased And
time, the support through and At the same company. foundation to our team, customer-focused culture building growth we're our mindset for long-term service
of annual more to feedback on more at is to evident supporting Nowhere practices sales changes Cutera resilience proud disseminate the or team positive than Cutera Forum, best practice to for more pursue at provide and CUCF, development. growth. to post-sales I designed our the team that who I weekend from across we remain with At utilization and who our and Clinical the for continue marketing starting was numerous our the well that customers been company future has service foundational demonstrating that the to them position the board and of love to Cutera me technology. last educational me CUCF, spoke which to their with University event is of are devices
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intensely culture and well, winning hiring providing for development cultivating and are focused industry-leading team. We a on opportunities training the
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xeo+. well execute on The team North America of the continues to launch
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range will are: a three, the AviClear; excellence the I developing I'll operational an functions; on on now health near-term capital. across efficient and structure in through of fully update elaborate which financial all these. pursuit business our top our provide of working and reductions two, an for cost one, improving opportunity priorities, of
First, operational excellence.
how across gold like reduced backlog field year, improve control. of to that where this we've during last We particular, we service to times. globe. response industry now It's the the in just And believe we an us of far and partner be position. supply-demand geographies all response of product which Earlier actually of for We and that service; in base, clearly competitive achieved provide. year. service our In continued advantage, our the continue year: months, will into identified service see make the crossed in will type progress come can in XXX% a capability to recent puts all demonstrates North we've industry-leading provide more that XX% we've to we the we support over the remarkable and and quarter, Cutera believe type XX-hour XX% reliability; field service third our a customer to to time key in weeks highlight truly I'd areas America, we standard it and planning; inventory
AviClear. Second,
launch major seeing including installed our launched growing We encouraged strong markets, distributor the in uptake continue by utilization KOLs territories we're be across thought-leading international in to and dynamics, well initial direct the uptake as as by the base. newly
model. from leased working business through the initial transition In North America, we're still the
during the were model, quarter, under XXX XXX last the down there quarter, As of of list systems end third reduction XXX a of on operating to approximately quarters. approximately returned XXX from approximately a with in be coming the the quarter, the lease
systems the that and moving base We than process. be this of will half of now more original we're working on installed expect continue to returned, efficiently through return
we their addition, also Academy on focusing AviClear accounts around believe of most efforts We'll relaunch our group drive in practices. Cutera to the can in to committed XXX squarely a help utilization. successfully accounts, In increases help continue of are use we our programs PDMs AviClear where
that and excess to in in And third, adjustments in standard in obsolete quarter. saw for is improvement margin we underlying as QX. third and charges gross in margin well cost gross capital. non-GAAP our normalized our structure QX expense if our On the noncash operating as was profiles working basis, compared exclude We XX% QX and and a XX% inventory, XX%
debt a $XX expenses but operating were bad included non-GAAP million, charge that Our $X.X million. of
excluding So bad from structure containment be ongoing standard row we're service, On as our believe debt, well in levels that but cost quarters the and million, other recorded reduced packaging expense. it force as non-GAAP progress we're On programs have reductions of some have as impact to a we reflects in well efficiencies the that our $XX basis, we a recent implemented. making likely that freight, in underlying the operational as adjustments marks cost the of X and expenses in below bad we've an go-forward quarters. debt E&O will significantly basis, in operating
On the been benefit reduced ability revenue the we working workdown our to capital has last due front, mentioned an environment. inventory as to realize quarter, delayed
to due inventory $XXX a have million. built balance approximately gross a factors, of reminder, a As we of variety
loaners, inventory field-based units is balance demo our Excluding service approximately or this $XXX like million.
in Over quarter the beginning coming then significantly, a to to the years, degree greater this reduce fourth inventory we plan and XXXX. in
to year-over-year as to In revenue $XX fact, a continue alone, absence from XXXX anticipate capital over even XXXX working of improvement we in in to related we growth. cash of burn move million the
third year a during the Additionally, full benefit implemented that of we initiatives quarter. cost we savings should the from recognize
factoring before by revenue such, margin XX% for we improvement. reducing gross cash XXXX As burn growth over anticipate the opportunities or our in
L'Oreal's event distribution leading like but would I Japan, selling Stuart, to we term. the business partnership SkinCeuticals fourth over call now our material mention remain the for potential the in with longer We with have we this under a begun turn a following excited I quarter, Before well-attended expect revenue launch contribution to don't that about in dermatologists. partnership
turn I'll to the that, Stuart. With call over
