NASDAQ$CVRX

CVRx Inc · Q4 2024 earnings

Q4 2024 earnings · · After market close · Investor relations

Briefing

Reported a solid fourth quarter with 41% growth in U.S. heart failure revenue and the successful achievement of multiple critical reimbursement milestones.

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.

Headline financials

Total Revenue

$15.3M

Previous: $11.3M+35.7%
EPS (adj)

-$0.43

Previous: -$0.44+2.3%
Capital Expenditures

-$52K

Previous: $169K-130.8%
Free Cash Flow

-$8.06M

No prior period
Net Income

-$10.7M

Previous: -$9.2M-16.3%
Operating Income

-$9.4M

Previous: -$9.8M+4.1%
Gross Profit

$12.8M

Previous: $9.6M+33.3%
R&D Expense

$2.81M

Previous: $2.24M+25.2%

Revenue & EPS history

CVRx · Revenue · Quarterly

$15.3M

Q4 2024+35.7%vs Q4 2023
Beat estimate in 9 of 15 quarters(60%)
ActualEstimate

Forward guidance

The Company expects to report total revenue between $14.5 million and $15.0 million for the first quarter of 2025.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 18 quarterly earnings reports · overlaid with Q4 2024

Historical avgQ4 2024

-0.9%

Avg return

Earnings day

-0.4%

Avg return

5 days after

-1.6%

Avg return

30 days after

48%

10 / 21 earnings

Positive

+36.7%

Q3 2024

Best reaction

-39.0%

Q1 2025

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-6.7%-13.3%-29.2%
Q4 2025-13.0%-14.8%+32.3%
Q3 2025+0.8%-3.4%-8.5%
Q1 2025-39.0%-32.0%-15.7%
Q4 2024-7.2%-8.4%-28.8%
Q3 2024+36.7%+30.2%+48.8%
Q2 2024-17.5%-14.4%+3.3%
Q1 2024-33.8%-39.7%-55.0%
Q4 2023-1.4%-6.1%-19.6%
Q3 2023-1.2%+0.5%+50.4%
Q2 2023+6.2%+5.7%+2.3%
Q1 2023+24.0%+34.2%+41.1%
Q4 2022+3.1%+5.9%-24.2%
Q3 2022+2.7%+21.4%+43.1%
Q2 2022+22.1%+24.6%+4.6%
Q1 2021-3.4%-12.0%-6.3%
Q1 2022+12.6%+28.5%+14.0%
Q4 2021+0.9%+0.0%-21.2%
Q3 2021+4.8%+4.1%-36.5%
Q2 2020-4.7%-13.0%-13.0%
Q2 2021-5.6%-7.5%-15.8%
Q4 2020
Q3 2020
Q1 2020

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