Nevro: Q2 Earnings Snapshot
REDWOOD CITY, Calif. (AP) — REDWOOD CITY, Calif. (AP) — Nevro Corp. (NVRO) on Tuesday reported a loss of $24.7 million in its second quarter.
On a per-share basis, the Redwood City, California-based company said it had a loss of 69 cents.
The results missed Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was for a loss of 68 cents per share.
The maker of an electrical implant that treats leg and back pain posted revenue of $108.8 million in the period, also missing Street forecasts. Eight analysts surveyed by Zacks expected $109.3 million.
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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