NuVasive, Inc. Bottom Line Advances 363% In Q3

(RTTNews) - NuVasive, Inc. (NUVA) announced earnings for its third quarter that increased compared to the same period last year.

The company said its bottom line totaled $18.06 million, or $0.35 per share. This was higher than $3.9 million, or $0.08 per share, in last year's third quarter.

Analysts had expected the company to earn $0.27 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 5.6% to $200.54 million. This was up from $189.92 million last year.

NuVasive, Inc. earnings at a glance:

-Earnings (Q3): $18.06 Mln. vs. $3.9 Mln. last year. -Earnings Growth (Y-o-Y): 363.1% -EPS (Q3): $0.35 vs. $0.08 last year. -EPS Growth (Y-o-Y): 337.5% -Analysts Estimate: $0.27 -Revenue (Q3): $200.54 Mln vs. $189.92 Mln last year. -Revenue Change (Y-o-Y): 5.6%

-Guidance: Full year EPS guidance: $1.25 Full year revenue guidance: $810.0 Mln