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CVRx lowers annual guidance as Q3 revenue hits $13.8 million

The Motley Fool +1 · ·by G4L

CVRX
CVRX CVRx Inc
$0.78 -10.14%
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  1. 1CVRx recorded total revenue of $13.8 million in the third quarter.
  2. 2CVRx revenue showed a 6.1% decrease compared to the same period last year.
  3. 3Management lowered the annual revenue guidance to between $56 million and $57 million.

So what's the key point?

CVRx third quarter revenue of $13.8 million was lower than last year. The revenue target for this year has also been lowered.

Source The Motley Fool +1 · View original ↗

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