CVRx Q4 revenue rises 4%, beats expectations

Reuters
14 hours ago
CVRx Q4 revenue rises 4%, beats expectations

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.)

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