NuVasive (NUVA) Tops Q1 EPS by 4c, Offers FY Guidance

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NuVasive Reports First Quarter 2016 Financial Results

April 26, 2016 4:05 PM EDT

SAN DIEGO, CA  -- (Marketwired) -- 04/26/16 --

NuVasive, Inc. (NASDAQ: NUVA), a leading medical device company focused on transforming spine surgery with minimally disruptive, procedurally-integrated solutions, announced today financial results for the quarter ended March 31, 2016.

First Quarter 2016 Highlights

Revenue increased 11.8% to $215.1 million, or 12.3% on a constant currency basis; Non-GAAP operating profit margin up 150 basis points to 14.1%; GAAP operating profit margin of 5.7%; Non-GAAP diluted earnings per share of $0.31; GAAP diluted loss per share of $0.18;... More