CVRx (CVRX) Reports Q2 Loss, Lags Revenue Estimates

This quarterly report represents an earnings surprise of -27.45%. A quarter ago, it was expected that this medical device company would post a loss of $0.53 per share when it actually produced a loss of $1.04, delivering a surprise of -96.23%. CVRx, which belongs to the Zacks Medical - Instruments industry, posted revenues of $11.81 million for the quarter ended June 2024, missing the Zacks Consensus Estimate by 0.28%. This compares to year-ago revenues of $9.5 million. The company has topped consensus reve ...