Cutera Delays 10-Q Filing After Finding Inventory Overstatement

Nov. 13, 2023, 9:23 PM UTC

Cutera delayed filing its 10-Q statement, saying it’s in the process of evaluating its internal control weaknesses that resulted in an inventory overstatement.

  • A physical inventory count at the end of 3Q identified a shortfall of $8 million to $9 million

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Hari Govind in San Francisco at hgovind@bloomberg.net

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Sunil Kesur at skesur@bloomberg.net

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