UPDATE: Canaccord Genuity Upgrades Cyberonics (CYBX) to Buy; Overcoming Pessimistic Expectations

Go back to UPDATE: Canaccord Genuity Upgrades Cyberonics (CYBX) to Buy; Overcoming Pessimistic Expectations

Jefferies Reiterates a 'Buy' on Cyberonics (CYBX); Remains Top Small-Cap Pick After Strong Q1

August 29, 2012 7:37 AM EDT

Jefferies reiterates a 'Buy' on Cyberonics (NASDAQ: CYBX) price target of $58.00.

Analyst, Raj Denhoy, said, "Cyberonics once again delivered an excellent quarter, highlighted by strong US growth (but weakness internationally), favorable ASP trends, and outstanding profitability. With the core epilepsy business... More

Cyberonics (CYBX) Tops Q1 EPS by 2c, Reaffirms Guidance

August 28, 2012 7:04 AM EDT

Cyberonics (NASDAQ: CYBX) reported Q1 EPS of $0.38, $0.02 better than the analyst estimate of $0.36. Revenue for the quarter came in at $60.3 million versus the consensus estimate of $58.45 million.

Cyberonics reaffirmed FY2012 guidance of revenue of $241 to $244 and EPS of $1.49 to $1.59.

The Estimize consensus was... More