NuVasive, Inc. Bottom Line Climbs 17% In Q1

(RTTNews) - NuVasive, Inc. (NUVA) revealed a profit for its first quarter that advanced from last year.

The company said its bottom line totaled $20.04 million, or $0.38 per share. This was up from $17.2 million, or $0.34 per share, in last year's first quarter.

Analysts had expected the company to earn $0.38 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 16.2% to $249.86 million. This was up from $215.10 million last year.

NuVasive, Inc. earnings at a glance:

-Earnings (Q1): $20.04 Mln. vs. $17.2 Mln. last year. -Earnings Growth (Y-o-Y): 16.5% -EPS (Q1): $0.38 vs. $0.34 last year. -EPS Growth (Y-o-Y): 11.8% -Analysts Estimate: $0.38 -Revenue (Q1): $249.86 Mln vs. $215.10 Mln last year. -Revenue Change (Y-o-Y): 16.2%

-Guidance: Full year EPS guidance: $2.00 Full year revenue guidance: $1065 Mln