Acquisition AnnouncementNevro Corp announced an agreement to be acquired by GMED for $5.85/share, which represents a 17% premium to its undisturbed closing price.
Cash GenerationThe company generated $15.5M in cash in Q4, ending with cash and equivalents of $292.5M.
Revenue PerformanceQ4 preliminary results ahead of consensus: NVRO announced that it expects Q4/24 revenue in the range of $105M-$106M, ahead of our $98.6M estimate and the Street’s $100.2M.