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CUTR - Cutera's Story Is Broken - And Maybe For Good
Cutera Inc.
Even in a brutal market for small-caps, energy-based aesthetics provider Cutera (CUTR) has had an ugly 2018. CUTR is down almost 70% this year - and has fallen by nearly three-quarters from all-time highs reached in May.
Those all-time highs were reached just before a Q1 report that as I wrote at the time looked decent - yet led to a 30% sell-off. Since then, however, CUTR has seemed to merit its declines. Slashed full-year gross margin guidance after Q2 led to another plunge - and added to a multi-year history of falling