CVRx Inc reports results for the quarter ended in December - Earnings Summary

CVRx

26/01/2023 22:01

* CVRx Inc  CVRX.OQ  reported a quarterly adjusted loss
of 51
cents​​ per share for the quarter ended in December. The mean
expectation of five analysts for the quarter was for a loss
of 56 cents per share.
    * Revenue rose 96.2% to $7.18 million from a year ago;
analysts
expected $6.98 million. 
    * CVRx Inc's reported EPS for the quarter was a loss of 51
cents​.
    * The mean earnings estimate of analysts had risen by
about 3.5%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * CVRx Inc shares had fallen by 21.8% this quarter.
    * The company reported a quarterly loss of $10.54 million.
    * Wall Street's median 12-month price target for CVRx Inc is
$18.25 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data January
26 at 10:01 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      -0.56          -0.51          Beat
 Sep. 30 2022      -0.56          -0.48          Beat
 Jun. 30 2022      -0.53          -0.54          Missed
 Mar. 31 2022      -0.49          -0.49          Met