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Thursday, August 8, 2019

-=Nevro (NVRO) reported earnings on Thur 8 Aug 2019 (a/h)

Nevro reports EPS in-line, beats on revs; guides FY19 revs above consensus
  • Reports Q2 (Jun) loss of $0.91 per share, in-linewith the S&P Capital IQ Consensus of ($0.91); revenues fell 2.6% year/year to $93.6 mln vs the $88.4 mln S&P Capital IQ Consensus.
  • Gross margin was 68% in 2Q19 compared to 71% in the prior year period.
  • Co issues upside guidancefor FY19, sees FY19 revs of $368-$374 mln vs. $366.92 mln S&P Capital IQ Consensus.

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