CVRx, Inc. (CVRX) Misses Q2 EPS by 10c, provides guidance

CVRx, Inc. (NASDAQ: CVRX) reported Q2 EPS of ($0.65), $0.10 worse than the analyst estimate of ($0.55). Revenue for the quarter came in at $11.8 million versus the consensus estimate of $11.8 million.

GUIDANCE:

CVRx, Inc. sees FY2024 revenue of $50-53 million, versus the consensus of $50.778 million.
Gross margin between 83.0% and 85.0%; and
Operating expenses between $95.0 million and $98.0 million, up from previously issued guidance of $92.0 million and $98.0 million

For earnings history and earnings-related data on CVRx, Inc. (CVRX) click here.

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