Why Nevro Stock Lagged the Market on Thursday
Specialty medical device maker (NYSE: NVRO) didn't make for an inspiring investment on Thursday. Its stock price dipped marginally following the company's release of its fourth-quarter earnings report Wednesday. That contrasted with the S 500 index, which gained nearly 2.5%.
For the fourth quarter, Nevro's revenue inched up by 2% year over year to just over $116 million. On the bottom line, it narrowed its GAAP net loss considerably to slightly over $7 million ($0.25 per share), against a more than $17 million deficit in the same quarter a year before.
Both headline figures were notably better than analysts had expected. Collectively, prognosticators following Nevro were modeling for just shy of $112 million on the top line, and a much steeper net loss of $0.49 per share.
Source Fool.com
Nevro Corp. Aktie
Die Nevro Corp. Aktie steht recht gut da: Mehr Buy- als Sell-Einschätzungen in der Community.
Mit einem Community-Kursziel von 31 € für Nevro Corp. wird ein starkes Wachstumspotenzial gegenüber dem aktuellen Kurs von 9.7 € gesehen.
