CVRx Q3 EPS $(0.43) Beats $(0.58) Estimate, Sales $10.51M Beat $9.82M Estimate
Portfolio Pulse from mahesh@benzinga.com
CVRx reported Q3 losses of $(0.43) per share, beating the analyst consensus estimate of $(0.58) by 25.86%. The company also reported quarterly sales of $10.51 million, beating the estimate of $9.82 million by 7.04%. This represents a 69.92% increase over sales from the same period last year.
October 26, 2023 | 8:54 pm
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POSITIVE IMPACT
CVRx's Q3 earnings beat estimates, which could lead to a positive market reaction.
CVRx reported better than expected Q3 results, both in terms of EPS and sales. This positive financial performance could lead to an increase in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100