NuVasive announced preliminary 4Q17 revenue of ~US $272.0MM, +0.3% vs. 4Q16, and full-year 2017 revenue of ~$1,030.0MM, +7% vs. 2016.
The company achieved the top-end of its full-year guidance that was revised in 3Q17 to reflect 3Q results, lingering effects from the hurricane in Puerto Rico and continued slow growth of U.S. procedure volumes.
Final financial results and 2018 guidance will be reported in mid-February. Guidance for 2018 will include an expected contribution from the 4Q17 acquisition of SafePassage, provider of intra-op neurophysiological monitoring services.
Sources: NuVasive, Inc.; ORTHOWORLD Inc.
NuVasive announced preliminary 4Q17 revenue of ~US $272.0MM, +0.3% vs. 4Q16, and full-year 2017 revenue of ~$1,030.0MM, +7% vs. 2016.
The company achieved the top-end of its full-year guidance that was revised in 3Q17 to reflect 3Q results, lingering effects from the hurricane in Puerto Rico and continued slow growth of U.S. procedure...
NuVasive announced preliminary 4Q17 revenue of ~US $272.0MM, +0.3% vs. 4Q16, and full-year 2017 revenue of ~$1,030.0MM, +7% vs. 2016.
The company achieved the top-end of its full-year guidance that was revised in 3Q17 to reflect 3Q results, lingering effects from the hurricane in Puerto Rico and continued slow growth of U.S. procedure volumes.
Final financial results and 2018 guidance will be reported in mid-February. Guidance for 2018 will include an expected contribution from the 4Q17 acquisition of SafePassage, provider of intra-op neurophysiological monitoring services.
Sources: NuVasive, Inc.; ORTHOWORLD Inc.
You are out of free articles for this month
Subscribe as a Guest for $0 and unlock a total of 5 articles per month.
You are out of five articles for this month
Subscribe as an Executive Member for access to unlimited articles, THE ORTHOPAEDIC INDUSTRY ANNUAL REPORT and more.
JV
Julie Vetalice is ORTHOWORLD's Editorial Assistant. She has covered the orthopedic industry for over 20 years, having joined the company in 1999.