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Nevro: 4Q Earnings Snapshot

REDWOOD CITY, Calif. (AP) _ Nevro Corp. (NVRO) on Thursday reported a loss of $9.6 million in its fourth quarter.

The Redwood City, California-based company said it had a loss of 32 cents per share.

The results missed Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for a loss of 17 cents per share.

The maker of an electrical implant that treats leg and back pain posted revenue of $107.9 million in the period, surpassing Street forecasts. Four analysts surveyed by Zacks expected $107.4 million.

For the year, the company reported that its loss widened to $49.2 million, or $1.64 per share. Revenue was reported as $387.3 million.

Nevro expects full-year revenue in the range of $400 million to $410 million.

Nevro shares have climbed 22 percent since the beginning of the year. The stock has declined 43 percent in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on NVRO at https://www.zacks.com/ap/NVRO