CVRx (NASDAQ: CVRX) has announced that it will be unveiling its third quarter financial results on Tuesday 29th October 2024. This announcement is set to occur after market close, allowing investors and analysts to gain valuable insights into the company's performance during the quarter.
Financial analysts on Wall Street are predicting that the firm is expected to report an estimated per share $0.47 loss for the current quarter. Additionally, the company is anticipated to reveal a total revenue of $13.21 million during this period.
In comparison to the same quarter of the prior year, the company's financial statement showcased a per share of loss of $0.43. This was credited to the company's total revenue, which reached an impressive $10.51 million in that particular timeframe.
The company's full-year performance has been analyzed by wall street analysts, who have shared their projections. According to the analysis, it is expected that the company will generate a total revenue of $50.47 million. Additionally, the earnings per share for the company are also anticipated to reach loss of $2.55 over the course of the fiscal year.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q2 2024 | $-0.65 | -16.1% | 11.81 M | +24.3% |
| Q1 2024 | $-1.04 | -89.1% | 10.77 M | +35.0% |
| Q4 2023 | $-0.44 | +13.7% | 11.31 M | +57.5% |
| Q3 2023 | $-0.43 | +10.4% | 10.51 M | +69.9% |
| Q2 2023 | $-0.56 | -3.7% | 9.50 M | +88.8% |
| *Growth on year-over-year basis | ||||
Additionally, The company will host a conference call with investors and analysts on 29th October 2024 at 04:30 PM eastern time to review the Q3 2024 financial results.
During Friday's trading, CVRx (CVRX) shares reached a low of $10.00 and a high of $10.47, along with a total volume of 275.10 thousand shares. The stock ended the regular trading session at $10.07, showing decrease of 0.4 percent.