Nevro (NVRO) Tops Q1 EPS by 19c, Revenues Miss

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Go back to Nevro (NVRO) Tops Q1 EPS by 19c, Revenues Miss

Nevro Reports First Quarter 2020 Financial Results

May 5, 2020 4:10 PM EDT

REDWOOD CITY, Calif., May 5, 2020 /PRNewswire/ -- Nevro Corp. (NYSE: NVRO), a global medical device company that is providing innovative, evidence-based solutions for the treatment of chronic pain, today announced its financial results for the first quarter ended March 31, 2020. 

Worldwide revenue for the first quarter of 2020 was $87.5 million, a 6% increase compared to $82.1 million in the prior year period, which was slightly higher than the Company's preannounced preliminary unaudited revenue range as of April 1, 2020.  First quarter 2020 revenue was negatively impacted by a rapid deceleration in March 2020 due to COVID-19 shelter-in-place policies and... More