Nevro laying off 63 employees; revenue to beat analyst estimates
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Dow Jones
Nevro Corp.'s stock (NVRO) rose by 0.3% in premarket trades on Tuesday after the Redwood City, Calif.-based medical device maker said it would reduce its work force by 5% or 63 people. The company also expects stronger-than-expected fourth-quarter revenue of about $116 million, ahead of the FactSet consensus estimate of $109.2 million. The company said its revenue "exceeded our expectations."
-Steve Gelsi
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01-09-24 0850ET
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