)
Edge12 Dec 2025
Running on Clouds: The Story of On
The story of how a Swiss runner's pursuit of a new running sensation became On, aiming to be the most premium global sportswear brand worldwide.
Cutera
Cutera (CUTR) investor relations material
Cutera has been delisted
Cutera Q3 2024 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 2024 earnings summary7 Nov, 2024
Executive summary
Q3 2024 revenue was $32.5 million, down 30% year-over-year, mainly due to lower system sales, macroeconomic headwinds, and the end of a skincare distribution agreement.
AviClear revenue grew 16% year-over-year, driven by international expansion and strong capital system sales outside North America.
Gross margin declined to 5.6% in Q3 2024 from 13.9% a year ago, mainly due to a $10.1 million non-cash inventory charge and lower manufacturing activity.
The company ended the quarter with $59.0 million in cash, cash equivalents, and restricted cash, down from $84.3 million at June 2024 and $143.6 million at year-end 2023.
Substantial doubt exists about the company’s ability to continue as a going concern over the next year.
Financial highlights
Q3 2024 total revenue was $32.5 million, down from $46.5 million in Q3 2023; nine-month revenue was $105.7 million, down 35% year-over-year.
Q3 2024 net loss was $39.0 million ($1.94 per share); nine months: $86.5 million.
Non-GAAP gross profit was $3.7 million (11.5% margin), down from 19.3% in Q3 2023, mainly due to a $10.1 million inventory charge.
Operating expenses for Q3 2024 were $38.0 million (GAAP), with non-GAAP operating expenses at $34.7 million, reflecting cost reductions and a $5.4 million bad debt charge.
Cash used in operations for nine months was $82.6 million.
Outlook and guidance
Full-year 2024 revenue guidance reaffirmed at $140 million–$145 million.
Year-end 2024 cash, cash equivalents, and restricted cash expected to be approximately $40 million.
Anticipates over 50% reduction in cash burn in 2025, mainly from working capital improvements, even without revenue growth.
Management expects continued losses and negative cash flow, with ongoing cost-saving initiatives and a focus on transitioning AviClear to a direct sales model.
The company is evaluating additional funding options and may need to raise capital to support operations.
Partial view of Summaries dataset, powered by Quartr API
Research faster. Power your platform.
Cutera
The essential earnings season companion
The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
)
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
)
)
Frequently asked questions
Cutera Inc designs, develops, and markets aesthetic and dermatology treatment systems. The company’s product portfolio includes laser and energy-based devices for hair removal, skin revitalization, tattoo removal, and body contouring. It serves medical professionals and aesthetic clinics worldwide. The company is headquartered in Brisbane, California, and its shares are listed on the NASDAQ.
Quartr provides global coverage of all investor relation material from public companies.
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Yes, the Quartr mobile app is free on both iOS and Android.
Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.
Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.
Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.
Explore our global coverage