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CVRx: Q3 Earnings Snapshot
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MINNEAPOLIS (AP) — MINNEAPOLIS (AP) — CVRx Inc. (CVRX) on Thursday reported a loss of $14.2 million in its third quarter.

On a per-share basis, the Minneapolis-based company said it had a loss of 52 cents.

The results missed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 49 cents per share.

The medical device company posted revenue of $13.8 million in the period, which also fell short of Street forecasts. Three analysts surveyed by Zacks expected $14 million.

For the current quarter ending in December, CVRx said it expects revenue in the range of $11.7 million to $12.7 million.

The company expects full-year revenue in the range of $56 million to $57 million.

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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

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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