Leerink Partners Cuts Price target on NuVasive (NUVA) Following 3Q Beat
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NuVasive Reports Third Quarter 2015 Financial Results
October 27, 2015 4:05 PM EDTSAN DIEGO, CA -- (Marketwired) -- 10/27/15 --
Third Quarter 2015 Highlights:
Revenue increased 5.6% to $200.5 million, or 7.8% on a constant currency basis;Non-GAAP operating profit margin increased 460 basis points to 16.3%; GAAP operating profit margin of 14.0%;Adjusted EBITDA margin increased 540 basis points to 26.7%;Non-GAAP net income of $18.1 million; GAAP net income of $13.0 million;Non-GAAP diluted earnings per share of $0.35; GAAP diluted earnings per share of... More