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.