10-16-2016, 01:23 PM
Here is what Cutura (CUTR) a leading provider of laser and energy-based aesthetic systems for practitioners worldwide, announced last week (Oct 11, 2016):
- Approximately $30 million of revenue, representing 30% growth year-over-year
- Revenue achievement represents record third quarter, and among the highest quarters, in Company history
- Nine consecutive quarters of double-digit revenue growth
- GAAP net income in the range of $1.3 million to $1.5 million
Well, that's good news, but isn't it priced in already?
Since mid September, the stock is up almost 40%, some people clearly expected good things, or even knew they would arrive. Another heavily overbought stock that seems to offer a good temporary short.