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Cutera Inc. (CUTR) Is Falling After Lowering Full Year Revenue Forecast

Cutera Inc. (CUTR) announced after the bell Thursday that it now expects to report third quarter revenues of approximately $40 million. Analysts are expecting revenues of $45.58 million.

The company now expects to report full year revenues of $165 million to $170 million, down from prior expectations of $178 million to $181 million. Street expectations are for revenues of $178.56 million.

Cutera dipped in early trade Thursday and closed down by 0.51 at $29.78. The stock is now down 4.78 on 9K shares after the bell.

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