Nevro (NVRO) Up 15.7% Since Last Earnings Report: Can It Continue? [Yahoo! Finance]
Nevro Corp. (NVRO)
Last nevro corp. earnings: 2/25 04:10 pm
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US:NYSE Investor Relations:
nevro.com/english/investors/overview/default.aspx
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Source: Yahoo! Finance
Will the recent positive trend continue leading up to its next earnings release, or is Nevro due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important catalysts. Nevro Q3 Earnings Top Estimates, FY23 Revenue View Up Nevro reported a loss per share of 65 cents for the third quarter of 2023, against the year-ago quarter's earnings per share of $2.22. However, the loss per share was narrower than the Zacks Consensus Estimate of a loss of 77 cents. Revenues in Detail Nevro registered worldwide revenues of $103.9 million in the third quarter, up 3.4% year over year on a reported basis. The figure topped the Zacks Consensus Estimate by 7.8%. At constant exchange rate (CER), revenues were up 3% year over year. PDN indication sales represented approximately $20.8 million (20%) of worldwide permanent implant procedures and increased 56% year
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