11.02.2016 22:42:49

NuVasive, Inc. Q4 Earnings Rise 39%

(RTTNews) - NuVasive, Inc. (NUVA) released a profit for its fourth quarter that rose from last year.

The company said its bottom line totaled $18.04 million, or $0.35 per share. This was higher than $13.0 million, or $0.26 per share, in last year's fourth quarter.

Analysts had expected the company to earn $0.31 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 5.4% to $215.28 million. This was up from $204.32 million last year.

NuVasive, Inc. earnings at a glance:

-Earnings (Q4): $18.04 Mln. vs. $13.0 Mln. last year. -Earnings Growth (Y-o-Y): 38.8% -EPS (Q4): $0.35 vs. $0.26 last year. -EPS Growth (Y-o-Y): 34.6% -Analysts Estimate: $0.31 -Revenue (Q4): $215.28 Mln vs. $204.32 Mln last year. -Revenue Change (Y-o-Y): 5.4%

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