NuVasive, Inc. Announces Increase In Q4 Profit

(RTTNews) - NuVasive, Inc. (NUVA) reported a profit for its fourth quarter that climbed from last year.

The company said its bottom line rose to $29.08 million, or $0.56 per share. This was higher than $27.6 million, or $0.53 per share, in last year's fourth quarter.

Analysts had expected the company to earn $0.56 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 0.2% to $271.65 million. This was up from $271.11 million last year.

NuVasive, Inc. earnings at a glance:

-Earnings (Q4): $29.08 Mln. vs. $27.6 Mln. last year. -Earnings Growth (Y-o-Y): 5.4% -EPS (Q4): $0.56 vs. $0.53 last year. -EPS Growth (Y-o-Y): 5.7% -Analysts Estimate: $0.56 -Revenue (Q4): $271.65 Mln vs. $271.11 Mln last year. -Revenue Change (Y-o-Y): 0.2%