Overview
Medical device company's Q4 revenue rose 4%, beating analyst expectations
Gross margin improved to 86% due to higher selling prices and efficiencies
Outlook
CVRx expects 2026 revenue between $63.0 mln and $67.0 mln
Company anticipates 2026 gross margin between 84% and 86%
CVRx forecasts Q1 2026 revenue between $13.7 mln and $14.7 mln
Result Drivers
SALES TERRITORY EXPANSION - Revenue growth driven by expansion into new sales territories and increased awareness of Barostim therapy
MANUFACTURING EFFICIENCIES - Improved manufacturing efficiencies contributed to higher gross margin
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q4 Revenue | Beat | $16.02 mln | $15.82 mln (7 Analysts) |
Q4 EPS | -$0.46 | ||
Q4 Net Income | -$11.93 mln | ||
Q4 Gross Margin | 86.00% | ||
Q4 Basic EPS | -$0.46 | ||
Q4 Gross Profit | $13.83 mln |
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 97.4% above its February 11 closing price of $6.08
Press Release: ID:nGNX46fsB3
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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.)