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Tuesday, January 14, 2020

Nevro sees FY 2019 revenue as high as $390M

Nevro (NYSE:NVROannounces preliminary Q4 and FY 2019 revenue and guidance for FY 2020.
Q4 and FY 2019 worldwide revenue is expected to be $114.4M and $390.3M, respectively.
Q4 and FY 2019 U.S. revenue is expected to be $97.9M and $326M, respectively.
Q4 U.S. trial procedure growth was 17% and permanent implant procedure growth was 20%.
Nevro expects FY 2020 worldwide revenue in the range of $435M to $440M.
The company plans to report final Q4 and FY 2019 results in February.

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