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Stock impact report

Nevro Corp (NVRO) Reports Modest Revenue Growth Amidst Strategic Shifts [Yahoo! Finance]

Nevro Corp. (NVRO) 
Last nevro corp. earnings: 2/25 04:10 pm Check Earnings Report
Company Research Source: Yahoo! Finance
Net Loss Improvement : Q4 net loss from operations narrowed to $11.8 million from $19.4 million in the prior year; full-year net loss was $99.3 million. Adjusted EBITDA : Q4 adjusted EBITDA turned positive at $8.4 million; full-year adjusted EBITDA loss improved to $17.7 million from $23.8 million in 2022. Strategic Acquisitions and Restructuring : Acquisition of Vyrsa Technologies and a workforce reduction aimed at long-term growth and profitability. 2024 Outlook : Full-year 2024 revenue projected to grow 2% to 5%, with adjusted EBITDA loss expected to narrow. Warning! GuruFocus has detected 3 Warning Signs with NVRO. Nevro Corp ( NYSE:NVRO ) released its 8-K filing on February 21, 2024, detailing its fourth-quarter and full-year 2023 financial results and providing guidance for the full-year and first-quarter of 2024. The company, known for its HFX spinal cord stimulation (SCS) platform for chronic pain treatment, has shown a modest increase in revenue amidst strategic ch Show less Read more
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