CVRx Reports Q4 Loss, Misses Estimates

MINNEAPOLIS, March 8 ( Zacks ) -- CVRx Inc. (CVRX) announced a fourth-quarter loss on Tuesday. The medical device company's loss per share was 43 cents, missing analysts' consensus estimate of a loss of 37 cents per share.

CVRx reported revenue of $15.3 million for the quarter, falling short of expectations. For the full year, the company posted a loss of $2.65 per share, while revenue came in at $51.3 million.

For the current quarter ending in March, CVRx anticipates revenue between $14.5 million and $15 million. The company's full-year revenue guidance is set between $63 million and $65 million.