Skip to main content

CVRx: Q4 Earnings Snapshot

MINNEAPOLIS (AP) — MINNEAPOLIS (AP) — CVRx Inc. (CVRX) on Thursday reported a loss of $11.9 million in its fourth quarter.

The Minneapolis-based company said it had a loss of 46 cents per share.

The results missed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 42 cents per share.

The medical device company posted revenue of $16 million in the period.

For the year, the company reported a loss of $53.3 million, or $2.04 per share. Revenue was reported as $56.7 million.

For the current quarter ending in March, CVRx said it expects revenue in the range of $13.7 million to $14.7 million.

The company expects full-year revenue in the range of $63 million to $67 million.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CVRX at https://www.zacks.com/ap/CVRX

One Tech Tip: What to know about flying with lithium ion portable battery chargers

Jetting off soon for summer travels? If you're planning on bringing an extra battery charger for your phone or other devices, be aware of the latest rules when taking one on a flight. Rechargeable lithium-ion portable battery chargers, also known as power banks, come in protective enclosures of various shapes and sizes. They're a handy and popular way for getting more juice when you're on the move. But after a spate of smoke or fire incidents, U.S. and international aviation authorities have issued new guidelines and airlines have tightened up rules for passengers. Here's a guide on flying with power banks.
Read Next Story

Related News

Knicks take 1-0 lead into game 2 against the Spurs

Beijing bans 4 New Zealand lawmakers from entering China because they visited Taiwan

Police warn families of Tiananmen crackdown dead not to visit graves on 37th anniversary