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CVRx sees Q4 revenue $7M-$7.1M, consensus $6.92M
The Fly

CVRx sees Q4 revenue $7M-$7.1M, consensus $6.92M

CVRx announced certain preliminary unaudited fourth quarter and full year 2022 revenue results, and provided a 2023 business outlook. Fourth Quarter 2022: Total revenue for the fourth quarter of 2022 is expected to be in the range of approximately $7.0 million to $7.1 million, representing an increase of approximately 91% to 94% over fourth quarter 2021 revenue of $3.66 million. Total revenue generated in the fourth quarter of 2022 is expected to be made up of approximately $5.9 million in U.S. heart failure revenue, $1.2 million in European revenue and $26,000 in U.S. legacy revenue.

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