30.07.2013 23:03:01

NuVasive Posts Q2 Loss - Quick Facts

(RTTNews) - NuVasive, Inc. (NUVA) Tuesday reported second-quarter loss of $6.47 million or $0.15 per share, compared to a profit of $2.86 million or $0.06 per share in the same period last year.

Adjusted earnings for the quarter was $9.4 million or $0.20 per share. On average, 22 analysts polled by Thomson Reuters expected the company to earn $0.24 per share for the quarter. Analysts' estimates typically exclude special items.

Revenues improved 7.3 percent to $165.7 million from $154.4 million last year. Analysts expected revenues of $161.63 million.

For the fiscal year 2013, the company currently expects a loss of $0.09 per share, compared to a profit of $0.02 per share, expected previously. Meanwhile, the company continues to expect adjusted earnings of $1.00 per share and revenues of $655 million. Analysts currently expect full-year earnings of $1.01 per share.

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