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CVRX CVRx News Story

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CVRx Inc reports results for the quarter ended March 31 - Earnings Summary

CVRx Inc CVRX.OQ reported a quarterly adjusted loss of 53 cents​​ per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of $-1.04.  The mean expectation of seven analysts for the quarter was for a loss of 57 cents per share. Wall Street expected results to range from -71 cents to -37 cents per share.

Revenue rose 14.7% to $12.35 million from a year ago; analysts expected $13.38 million.

CVRx Inc's reported EPS for the quarter was a loss of 53 cents​.

The company reported a quarterly loss of $13.77 million.

CVRx Inc shares had fallen by 38.8% this quarter and lost 41.0% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 6.4% in the last three months.​

In the last 30 days, three analysts negatively revised earnings estimates

RECOMMENDATIONS

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell." The average consensus recommendation for the medical equipment, supplies & distribution peer group is also "buy"

Wall Street's median 12-month price target for CVRx Inc is $18.00

This summary was machine generated from LSEG data May 8 at 09:38 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

QUARTER ENDINGESTIMATEACTUALBEAT, MET, MISSED
Mar. 31 2025-0.57-0.53Beat
Dec. 31 2024-0.38-0.43Missed
Sep. 30 2024-0.47-0.57Missed
Jun. 30 2024-0.55-0.65Missed

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