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CVRx: Q2 Earnings Snapshot

CVRx: Q2 Earnings Snapshot

By AP News
Published - Jul 29, 2024, 07:04 PM ET
Last Updated - Jul 29, 2024, 07:04 PM EDT

MINNEAPOLIS (AP) — MINNEAPOLIS (AP) — CVRx Inc. (CVRX) on Monday reported a loss of $14 million in its second quarter.

The Minneapolis-based company said it had a loss of 65 cents per share.

The results missed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 51 cents per share.

The medical device company posted revenue of $11.8 million in the period, which met Street forecasts.

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