REDWOOD CITY, Calif. (AP) _ Nevro Corp. (NVRO) on Wednesday reported a loss of $29.6 million in its first quarter.

The Redwood City, California-based company said it had a loss of 85 cents per share.

The results beat Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was for a loss of 86 cents per share.

The maker of an electrical implant that treats leg and back pain posted revenue of $88.6 million in the period, also beating Street forecasts. Seven analysts surveyed by Zacks expected $85.2 million.

For the current quarter ending in July, Nevro said it expects revenue in the range of $104 million to $106 million.

The company expects full-year revenue in the range of $440 million to $450 million.

Nevro shares have fallen almost 7% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $161.39, an increase of 36% in the last 12 months.

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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