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

CVRx

28/07/2022 22:42

* CVRx Inc  CVRX.OQ  reported a quarterly adjusted loss
of 54
cents​​ per share for the quarter ended in June. The mean
expectation of five analysts for the quarter was for a loss
of 53 cents per share.
    * Revenue rose 61.1% to $5.03 million from a year ago;
analysts
expected $4.70 million. 
    * CVRx Inc's reported EPS for the quarter was a loss of 54
cents​.
    * The mean earnings estimate of analysts had risen by
about 0.6%
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 risen by 20.3% this quarter and
lost 40.9%
so far this year.
    * The company reported a quarterly loss of $11.07 million.
    * Wall Street's median 12-month price target for CVRx Inc is
$15.00 
    * 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 July 28
at 09:41 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      -0.53          -0.54          Missed
 Mar. 31 2022      -0.49          -0.49          Met
 Dec. 31 2021      -0.44          -0.52          Missed
 Sep. 30 2021      -0.37          -0.30          Beat