Nevro Q2 EPS $(0.69) Misses $(0.68) Estimate, Sales $108.81M Miss $109.33M Estimate
Portfolio Pulse from Benzinga Newsdesk
Nevro Corp. (NYSE:NVRO) reported Q2 losses of $0.69 per share, missing the analyst consensus estimate of $0.68 by 1.47%. The company also reported quarterly sales of $108.81 million, missing the analyst consensus estimate of $109.33 million by 0.48%. However, both figures represent an increase over the same period last year.
August 04, 2023 | 10:30 am
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NEGATIVE IMPACT
Nevro's Q2 earnings and sales missed analyst estimates, which could negatively impact the stock in the short term.
Nevro's Q2 earnings and sales fell short of analyst estimates, which is typically seen as a negative signal by the market and could lead to a decrease in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100