NuVasive Announces Definitive Settlement With United States

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NuVasive (NUVA) PT Raised to $65 at Leerink Partners Amid Solid Q2

July 29, 2015 7:59 AM EDT

Leerink Partners analyst Richard Newitter reiterated an Outperform rating and boosted his price target on NuVasive (NASDAQ: NUVA) to $65.00 (from $57.00) following solid Q2 results.

Newitter commented, "NUVA's 2Q was solid with 8.5% cc rev growth & margin/EPS upside. 2015 guidance (rev unchgd; mgn/EPS... More

Brean Capital Raises Price Target on NuVasive (NUVA) Following 2Q EPS Beat

July 29, 2015 7:35 AM EDT

Brean Capital reiterated a Buy rating on NuVasive (NASDAQ: NUVA), and raised the price target to $56.00 (from $55.00), following a 2Q15 EPS beat. NUVA reported non-GAAP EPS of $0.31, $0.06 above consensus estimates of $0.25. Revenues for the quarter came in at $202.9M, versus consensus of $200.7M. NUVA... More

NuVasive (NUVA) Reports Settlement with DOJ

July 28, 2015 5:15 PM EDT

NuVasive, Inc. (NASDAQ: NUVA), a leading medical device company focused on transforming spine surgery with minimally disruptive, procedurally-integrated solutions, announced today that it has reached a definitive settlement with the U.S. Department of Justice ("DOJ") related to the subpoena issued to the Company by the Office of Inspector General of the Department of Health and... More

NuVasive (NUVA) Tops Q2 EPS by 6c; Enters Settlement with U.S. DOJ

July 28, 2015 4:39 PM EDT

NuVasive (NASDAQ: NUVA) reported Q2 EPS of $0.31, $0.06 better than the analyst estimate of $0.25. Revenue for the quarter came in at $202.9 million versus the consensus estimate of $200.71 million.

NuVasive sees FY2015 EPS of $1.17, versus the consensus of $1.12. NuVasive sees FY2015 revenue of $810.0 million, versus the consensus of $812.2 million.

The company also has reached a definitive settlement with the U.S. Department... More