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

CVRx

25/07/2023 23:16

* CVRx Inc  CVRX.OQ  reported a quarterly adjusted loss
of 56
cents​​ per share for the quarter ended in June. The mean
expectation of six analysts for the quarter was for a loss of 58
cents per share.
    * Revenue rose 88.8% to $9.50 million from a year ago;
analysts
expected $8.58 million. 
    * CVRx Inc's reported EPS for the quarter was a loss of 56
cents​.
    * The mean earnings estimate of analysts had risen by
about 3.3%
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 8.9% this quarter and
lost 8.4% so
far this year.
    * The company reported a quarterly loss of $11.65 million.
    * Wall Street's median 12-month price target for CVRx Inc is
$19.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data July
25 at 10:15 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      -0.58          -0.56          Beat
 Mar. 31 2023      -0.56          -0.55          Beat
 Dec. 31 2022      -0.56          -0.51          Beat
 Sep. 30 2022      -0.56          -0.48          Beat