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CVRx sees FY23 revenue $35M-$38M, consensus $38M
The Fly

CVRx sees FY23 revenue $35M-$38M, consensus $38M

CVRx announced certain preliminary unaudited fourth quarter and full year 2022 revenue results, and provided a 2023 business outlook. For the full year of 2023, the Company expects: Total revenue between $35.0 million and $38.0 million; Gross margin between 78.0% and 79.0%; Operating expenses between $76.0 million and $80.0 million .For the first quarter of 2023, the Company expects to report total revenue between $7.1 million and $7.5 million.

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