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Dec 31, 2024
CVRx Q4 2024 Earnings Report
Reported a solid fourth quarter with 41% growth in U.S. heart failure revenue and the successful achievement of multiple critical reimbursement milestones.
Key Takeaways
CVRx reported a 36% increase in revenue to $15.3 million for the fourth quarter of 2024, driven by a 39% increase in U.S. revenue. The company's net loss was $10.7 million, or $0.43 per share.
Revenue was $15.3 million, an increase of 36% year-over-year.
U.S. revenue was $14.4 million, an increase of 39% year-over-year.
U.S. heart failure revenue increased by 41% year-over-year.
Gross profit was $12.8 million, an increase of 33% year-over-year.
CVRx
CVRx
CVRx Revenue by Geographic Location
Revenue by Geographic Location
U.S. Revenue
CapyFin.comEurope Revenue
CapyFin.com Forward Guidance
The Company expects to report total revenue between $14.5 million and $15.0 million for the first quarter of 2025.
Revenue & Expenses
Visualization of income flow from segment revenue to net income