REDWOOD CITY, Calif. (AP) _ Nevro Corp. (NVRO) on Wednesday reported a loss of $41.1 million in its second quarter.

The Redwood City, California-based company said it had a loss of $1.21 per share.

The results surpassed Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for a loss of $1.65 per share.

The maker of an electrical implant that treats leg and back pain posted revenue of $56.4 million in the period, which also topped Street forecasts. Five analysts surveyed by Zacks expected $41.5 million.

Nevro shares have increased 17% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $137.29, more than doubling in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on NVRO at https://www.zacks.com/ap/NVRO

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