BofA/Merrill Lynch Starts Nevro Corp (NVRO) at Buy
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Piper Jaffray Remains Bullish on Nevro (NVRO) Following 2Q Beat and Raise
August 9, 2016 8:23 AM EDTPiper Jaffray reiterated an Overweight rating on Nevro Corp (NYSE: NVRO), and raised the price target to $112.00 (from $98.00), following the company's 2Q earnings report. 2Q16 revenues were $55.4 million, primarily due to the ongoing launch of HF10 therapy in the United States. Full-year 2016 revenue guidance was... More
Nevro (NVRO) Tops Q2 EPS by 16c; Guides FY16 Revenue Above Views
August 8, 2016 4:11 PM EDTNevro (NYSE: NVRO) reported Q2 EPS of ($0.31), $0.16 better than the analyst estimate of ($0.47). Revenue for the quarter came in at $55.4 million versus the consensus estimate of $45.11 million.
GUIDANCE:
Nevro sees FY2016 revenue of $210-220 million, versus the consensus of $188.7... More