NuVasive, Inc. Reports 27% Advance In Q3 Bottom Line

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

The company said its bottom line came in at $26.7 million, or $0.52 per share. This was up from $21.1 million, or $0.40 per share, in last year's third quarter.

Analysts had expected the company to earn $0.48 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 3.2% to $247.43 million. This was up from $239.65 million last year.

NuVasive, Inc. earnings at a glance:

-Earnings (Q3): $26.7 Mln. vs. $21.1 Mln. last year. -Earnings Growth (Y-o-Y): 26.5% -EPS (Q3): $0.52 vs. $0.40 last year. -EPS Growth (Y-o-Y): 30.0% -Analysts Estimate: $0.48 -Revenue (Q3): $247.43 Mln vs. $239.65 Mln last year. -Revenue Change (Y-o-Y): 3.2%

-Guidance: Full year EPS guidance: $1.91 Full year revenue guidance: $1.03 Bln