BRISBANE, Calif. (AP) _ Cutera Inc. (CUTR) on Wednesday reported a loss of $359,000 in its first quarter.
The Brisbane, California-based company said it had a loss of 2 cents per share. Earnings, adjusted for stock option expense and non-recurring costs, were 15 cents per share.
The maker of laser skin treatments posted revenue of $49.7 million in the period.
Cutera shares have risen 22% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $29.51, more than doubling in the last 12 months.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CUTR at https://www.zacks.com/ap/CUTR
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