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

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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