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Cutera reports 32% third-quarter revenue increase over same period last year

Published in Pharma Investments, Ventures and Law Weekly, December 10th, 2006

Cutera, Inc. (CUTR), a leading provider of laser and other light-based aesthetic systems for practitioners worldwide, reported financial results for the third quarter and nine months ended September 30, 2006.

Key financial highlights are as follows:

Third Quarter 2006:

- Revenue increased by $6.1 million, or 32%, to $25.1 million, compared to the third quarter of 2005.

- GAAP diluted earnings per share, which includes an incremental litigation settlement expense of $544,000 and stock-based compensation expenses, was $0.21. Non-GAAP(1) diluted earnings per share was $0.30.

Nine-Months Ended...

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