CVRx, Inc. reports results for the quarter ended June 30 - Earnings Summary
CVRx, Inc. reports results for the quarter ended June 30 - Earnings Summary
CVRx, Inc. CVRX.OQ reported a quarterly adjusted loss of 53 cents per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of -57 cents. The mean expectation of seven analysts for the quarter was for a loss of 52 cents per share. Wall Street expected results to range from -57 cents to -46 cents per share.
Revenue rose 15.6% to $15.71 million from a year ago; analysts expected $15.55 million.
CVRx, Inc.'s reported EPS for the quarter was a loss of 53 cents.
The company reported a quarterly loss of $14.04 million.
CVRx, Inc. shares had risen by 8.6% this quarter and lost 21.4% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 1.1% in the last three months.
In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "strong buy" or "buy," no "hold" and 1 "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 $12.00, about 50.5% above its last closing price of $5.94
This summary was machine generated from LSEG data August 7 at 12:17 a.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 ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Jun. 30 2026 | -0.52 | -0.53 | Missed |
Mar. 31 2026 | -0.50 | -0.50 | Met |
Dec. 31 2025 | -0.44 | -0.46 | Missed |
Sep. 30 2025 | -0.50 | -0.49 | Beat |
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CVRx, Inc. reports results for the quarter ended June 30 - Earnings Summary
CVRx Q2 revenue beats estimates, outlook cut on sales force, payer challenges
Brief: CVRx Q2 Revenue USD 15.705 Million Vs. IBES Estimate USD 15.5 Million