NuVasive, Inc. Reports 53% Gain In Q4 Earnings

(RTTNews) - NuVasive, Inc. (NUVA) reported earnings for its fourth quarter that increased from last year.

The company said its bottom line climbed to $27.56 million, or $0.53 per share. This was higher than $18.0 million, or $0.35 per share, in last year's fourth quarter.

Analysts had expected the company to earn $0.51 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 25.9% to $271.11 million. This was up from $215.28 million last year.

NuVasive, Inc. earnings at a glance:

-Earnings (Q4): $27.56 Mln. vs. $18.0 Mln. last year. -Earnings Growth (Y-o-Y): 53.1% -EPS (Q4): $0.53 vs. $0.35 last year. -EPS Growth (Y-o-Y): 51.4% -Analysts Estimate: $0.51 -Revenue (Q4): $271.11 Mln vs. $215.28 Mln last year. -Revenue Change (Y-o-Y): 25.9%