NuVasive Announces First Quarter 2020 Financial Results

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NuVasive (NUVA) Tops Q1 EPS by 5c, Revenues Miss

May 6, 2020 6:08 PM EDT

NuVasive (NASDAQ: NUVA) reported Q1 EPS of $0.48, $0.05 better than the analyst estimate of $0.43. Revenue for the quarter came in at $259.9 million versus the consensus estimate of $273.88 million.

First Quarter 2020 Highlights

Revenue decreased -5.4% to $259.9 million, or -5.1% on a constant currency basis;GAAP operating margin of 10.9%; Non-GAAP... More