Thursday, April 5, 2007

Cutera cuts first-quarter profit view; shares sink

(Reuters) - April 5 - Shares of Cutera Inc. lost about a third of their value Thursday, after the company lowered its first-quarter profit view, hurt by lower-than-expected productivity levels of its recent sales expansion.

Shares of the company were trading down $12.17 at $26.22 in morning trade on the Nasdaq. The shares had fallen to as low as $26.00 in early trade.


Read more at Reuters.com Market News

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