Brief: CVRx Reports Prelim Q4 and Fiscal Year 2023 Financial Results

CVRx

08/01/2024 17:52

Jan 8 (Reuters) - Cvrx Inc  CVRX.O :
    * CVRX REPORTS PRELIMINARY FOURTH QUARTER AND FISCAL YEAR
2023
FINANCIAL RESULTS AND ANNOUNCES NADIM YARED RETIREMENT PLANS
    * Q4 REVENUE EXPECTED TO BE $11.2 MILLION TO $11.3 MILLION,
REPRESENTING GROWTH OF 56% TO 58%
    * FULL YEAR REVENUE EXPECTED TO BE $39.2 MILLION TO $39.3
MILLION,
REPRESENTING GROWTH OF 74% TO 75%
    * PRESIDENT AND CEO NADIM YARED PLANS TO RETIRE UPON
COMPLETION OF
A DELIBERATE SUCCESSION PROCESS AND APPOINTMENT OF A SUCCESSOR
    * FOR FULL YEAR OF 2024, COMPANY EXPECTS TOTAL REVENUE
BETWEEN
$53.0 MILLION AND $57.0 MILLION

Source text for Eikon:  ID:nGNX7PmBx4 
Further company coverage:  CVRX.O 

 ((Reuters.Briefs@thomsonreuters.com;))