Cyberonics (CYBX) Reports Inline Q2 Adj-EPS of 25c; Raises FY11 Sales, Income Outlook

November 22, 2010 8:03 AM EST Send to a Friend
Cyberonics, Inc. (Nasdaq: CYBX) reports Q2 GAAP EPS of $0.88, or 25c on an adjusted basis, vs. the analyst estimate of $0.25. Revenue for the quarter came in at $47.5 million, versus the consensus estimate of $46.14 million.

Raises its FY11 sales guidance from $184-$188 million to $187-$190 million, which compares to the Street estimate of $187.82 million. Sees income from operations of $45-$48 million, vs. prior guidance of $42-$45 million.


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