REDWOOD CITY, Calif. (AP) _ Nevro Corp. (NVRO) on Wednesday reported a loss of $34.3 million in its first quarter.
On a per-share basis, the Redwood City, California-based company said it had a loss of 98 cents.
The results exceeded Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for a loss of $1.11 per share.
The maker of an electrical implant that treats leg and back pain posted revenue of $87.8 million in the period, also surpassing Street forecasts. Seven analysts surveyed by Zacks expected $86.1 million.
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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