NuVasive, Inc. Q1 Earnings Rise 6%

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

The company said its bottom line totaled $16.0 million, or $0.31 per share. This was higher than $15.1 million, or $0.30 per share, in last year's first quarter.

Analysts had expected the company to earn $0.27 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 11.8% to $215.10 million. This was up from $192.38 million last year.

NuVasive, Inc. earnings at a glance:

-Earnings (Q1): $16.0 Mln. vs. $15.1 Mln. last year. -Earnings Growth (Y-o-Y): 6.0% -EPS (Q1): $0.31 vs. $0.30 last year. -EPS Growth (Y-o-Y): 3.3% -Analysts Estimate: $0.27 -Revenue (Q1): $215.10 Mln vs. $192.38 Mln last year. -Revenue Change (Y-o-Y): 11.8%

-Guidance: Full year EPS guidance: $1.48 Full year revenue guidance: $928 Mln