CVRX - CVRx GAAP EPS of -$0.48 beats by $0.08 revenue of $6.2M beats by $0.52M

• CVRx press release ( NASDAQ: CVRX ): Q3 GAAP EPS of -$0.48 beats by $0.08 .
• Revenue of $6.2M (+82.4% Y/Y) beats by $0.52M .
• Shares +3.8% .

• For the full year of 2022, the Company now expects:

  • Total revenue between $21.8 million and $22.3 million as compared to prior guidance of $20.5 million and $23.0 million from prior outlook of $20.5M-$23M vs. $21.77M consensus.
  • Gross margin between 76% and 77% as compared to prior guidance of 75% and 76%;
  • Operating expenses between $58 million and $60 million as compared to prior guidance of $58 million and $61 million;

  For the fourth quarter of 2022, the Company expects to report total revenue between $6.5 million and $7.0 million VS. $6.81M consensus

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