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Cutera Reports Second Quarter 2007 Results

Published in Drug Law Weekly, August 21st, 2007

Cutera, Inc. (NASDAQ: CUTR), a leading provider of laser and other light-based aesthetic systems for practitioners worldwide, today reported financial results for the second quarter and six months ended June 30, 2007. Key financial highlights are as follows:

Second Quarter 2007:

- Diluted earnings per share was $0.14. Non-GAAP(1) diluted earnings per share, excluding stock-based compensation expenses, was $0.21.

- Upgrade revenue increased 84%, compared to the second quarter of 2006, due primarily to our recently-launched Pearl product.

- Cash generated by operations was $5.7 million.

First Half 2007:...

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