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Recap: NuVasive Q1 Earnings

Author: Benzinga Insights | May 10, 2023 05:10pm

NuVasive (NASDAQ:NUVA) reported its Q1 earnings results on Wednesday, May 10, 2023 at 04:05 PM.

Here's what investors need to know about the announcement.

Earnings

NuVasive beat estimated earnings by 9.3%, reporting an EPS of $0.47 versus an estimate of $0.43.

Revenue was up $16.95 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.08 which was followed by a 0.5% drop in the share price the next day.

Here's a look at NuVasive's past performance:

Quarter Q4 2022 Q3 2022 Q2 2022 Q1 2022
EPS Estimate 0.51 0.54 0.56 0.39
EPS Actual 0.43 0.54 0.47 0.54
Revenue Estimate 311.10M 298.75M 306.62M 277.97M
Revenue Actual 305.45M 295.28M 310.45M 290.76M

To track all earnings releases for NuVasive visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Posted In: NUVA

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