But how is business trending? Here is the revenue of the last five years:
CUTR Revenue (Quarterly) data by YCharts
The net income trend is also improving from a couple of difficult years
CUTR Net Income (Quarterly) data by YCharts
But the first two quarters of this year were still in the red (EPS of -$0.16 and -$0.09 respectively) and analysts still expect a loss for this year (EPS of -$0.02), although not next year (EPS of $0.39). The good news mentioned in the first entry in this tread indicates that there is upside to these expectations (this quarter at least, as analysts expected a loss of $0.03).
The balance sheet is clean though, with cash and short-term investments totalling $43M at the end of Q2 and almost no debt. Even so, trading at what's likely to be more than 30x next years earnings, combined with the heavily overbought situation makes this a potential short, at least temporarily.
But be careful, there is always some fundamental improvement going on that only insiders know (take-over interest, new product, stuff like that).