Nevro Stock Rises on Q3 Earnings Beat, Revenues Decrease Y/Y
Nevro(NVRO) ZACKS·2024-11-13 01:05
Nevro Corp. (NVRO) reported a loss per share of 41 cents in the third quarter of 2024, narrower than the year-ago quarter’s loss of 65 cents. The Zacks Consensus Estimate is pegged at a loss per share of 82 cents.Revenues in DetailNevro registered worldwide revenues of $96.9 million in the third quarter, down 6.7% year over year on a reported basis and 7% on a constant-currency basis. The year-over-year decline was primarily due to competitive pressures in the U.S. spinal cord stimulation (SCS) market and o ...