Cutera, Inc. (NASDAQ:CUTR) Files An 8-K Results of Operations and Financial Condition
Item2.02. Results of Operations and Financial
Condition.
On February 13, 2017, we are issuing a press release and holding
a conference call regarding our financial results for the fourth
quarter and full-yearended December 31, 2016. A copy of the press
release is furnished as Exhibit 99.1 to this Form 8-K.
Item 8.01. Other Events.
On February 13, 2017, our Board of Directors authorized the
expansion of the previously approved $50.0 million stock
repurchase program, by an incremental $5.0 million bringing the
total authorized amount to $ 55.0 million. Based on the amount of
stock repurchased to-date, the balance remaining in the stock
repurchase program is $10.1 million. We plan to make repurchases
from time-to-time through open market transactions at prevailing
prices, and/ or through privately-negotiated transactions, and/
or through a pre-arranged Rule 10b5-1 trading plan.
This information shall not be deemed filed for purposes of
Section18 of the Securities Exchange Act of 1934, as amended (the
Exchange Act), or incorporated by reference in any filing under
the Securities Act of 1933, as amended, or the Exchange Act,
except as shall be expressly set forth by specific reference in
such a filing.
Item9.01.Financial Statements and
Exhibits.
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(d) |
Exhibits. |
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ExhibitNo. |
|
Description |
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99.1 |
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Press Release of Cutera, Inc. dated as of February 13, |
About Cutera, Inc. (NASDAQ:CUTR)
Cutera, Inc. is a medical device company. The Company is engaged in the design, development, manufacture, marketing and servicing of laser and other energy-based aesthetics systems for practitioners across the world. The Company offers products based on product platforms, such as enlighten, excel HR, truSculpt, excel V and xeo, each of which enables physicians and other practitioners to perform aesthetic procedures for customers. Each of its laser and other energy-based platforms consists of one or more hand pieces and a console that incorporates a universal graphical user interface, a laser or other energy-based module, control system software and high voltage electronics. enlighten is a dual wavelength (1,064 nanometer + 532 nanometer) and dual pulse duration (750 picosecond (ps) and 2 nanosecond (ns)) laser system. excel V is a vascular and benign pigmented lesion treatment platform designed for the core-market of dermatologists and plastic surgeons. Cutera, Inc. (NASDAQ:CUTR) Recent Trading Information
Cutera, Inc. (NASDAQ:CUTR) closed its last trading session up +0.05 at 19.60 with 93,564 shares trading hands.