Overview

• CVRx Q3 2025 revenue grows 10% yr/yr, beating analysts' expectations

• U.S. revenue for Q3 2025 increases 10% yr/yr, driven by Barostim awareness

• Gross margin rises to 87% in Q3 2025 due to higher selling prices, efficiencies

Outlook

• CVRx expects full-year 2025 revenue between $55.6 mln and $56.6 mln

• Company forecasts Q4 2025 revenue between $15.0 mln and $16.0 mln

• CVRx raises full-year 2025 gross margin guidance to 85%-86%

Result Drivers

• U.S. GROWTH - Expansion into new sales territories and increased Barostim awareness drove 10% revenue growth in the U.S.

• IMPLANTING CENTERS - Active implanting centers in the U.S. grew to 250, supporting higher implant volumes

Key Details

Analyst Coverage

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "strong buy" or "buy", no "hold" and 1 "sell" or "strong sell"

• The average consensus recommendation for the medical equipment, supplies & distribution peer group is "buy"

• Wall Street's median 12-month price target for CVRx Inc is $12.00, about 16.8% above its November 4 closing price of $9.99

Press Release: ID:nGNX85Lwz5

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)