NuVasive Past Earnings Performance
Past criteria checks 1/6
NuVasive's earnings have been declining at an average annual rate of -33%, while the Medical Equipment industry saw earnings growing at 9.1% annually. Revenues have been growing at an average rate of 2.1% per year. NuVasive's return on equity is 3.2%, and it has net margins of 2.3%.
Key information
-33.0%
Earnings growth rate
-33.2%
EPS growth rate
| Medical Equipment Industry Growth | 8.9% |
| Revenue growth rate | 2.1% |
| Return on equity | 3.2% |
| Net Margin | 2.3% |
| Last Earnings Update | 30 Jun 2023 |
Recent past performance updates
Recent updates
Is NuVasive (NASDAQ:NUVA) Using Too Much Debt?
Apr 18
What Does NuVasive, Inc.'s (NASDAQ:NUVA) Share Price Indicate?
Jan 24NuVasive, Inc.'s (NASDAQ:NUVA) Intrinsic Value Is Potentially 48% Above Its Share Price
Dec 31Capital Allocation Trends At NuVasive (NASDAQ:NUVA) Aren't Ideal
Dec 05These 4 Measures Indicate That NuVasive (NASDAQ:NUVA) Is Using Debt Reasonably Well
Nov 13Calculating The Intrinsic Value Of NuVasive, Inc. (NASDAQ:NUVA)
Sep 22Capital Allocation Trends At NuVasive (NASDAQ:NUVA) Aren't Ideal
Sep 01NuVasive Likely Undervalued, But It's Hard To Find Catalysts
Aug 17Does NuVasive (NASDAQ:NUVA) Have A Healthy Balance Sheet?
Aug 11NuVasive Non-GAAP EPS of $0.47 misses by $0.09, revenue of $310.5M beats by $4.12M
Aug 03NuVasive: Industry Tailwinds More Than Fairly Priced
Jun 13Calculating The Intrinsic Value Of NuVasive, Inc. (NASDAQ:NUVA)
Jun 01Investors Could Be Concerned With NuVasive's (NASDAQ:NUVA) Returns On Capital
May 11NuVasive (NASDAQ:NUVA) Has A Pretty Healthy Balance Sheet
Apr 20At US$56.32, Is NuVasive, Inc. (NASDAQ:NUVA) Worth Looking At Closely?
Mar 30NuVasive's Turnaround Story Needs A Boost From Better Results
Mar 01Investors Could Be Concerned With NuVasive's (NASDAQ:NUVA) Returns On Capital
Dec 28Should You Think About Buying NuVasive, Inc. (NASDAQ:NUVA) Now?
Dec 02NuVasive (NASDAQ:NUVA) Has A Pretty Healthy Balance Sheet
Nov 11NuVasive, Inc. (NASDAQ:NUVA) Shares Could Be 32% Below Their Intrinsic Value Estimate
Oct 21Be Wary Of NuVasive (NASDAQ:NUVA) And Its Returns On Capital
Sep 29At US$59.79, Is It Time To Put NuVasive, Inc. (NASDAQ:NUVA) On Your Watch List?
Aug 18NuVasive Still Getting No Love With COVID-19 And Competitive Worries
Aug 12Does NuVasive (NASDAQ:NUVA) Have A Healthy Balance Sheet?
Jul 27Are Investors Undervaluing NuVasive, Inc. (NASDAQ:NUVA) By 21%?
Jun 17Some Investors May Be Worried About NuVasive's (NASDAQ:NUVA) Returns On Capital
May 30Why We Think NuVasive, Inc.'s (NASDAQ:NUVA) CEO Compensation Is Not Excessive At All
May 12Is NuVasive (NASDAQ:NUVA) Using Too Much Debt?
Mar 30Is Now The Time To Look At Buying NuVasive, Inc. (NASDAQ:NUVA)?
Mar 09Need To Know: NuVasive, Inc. (NASDAQ:NUVA) Insiders Have Been Buying Shares
Feb 16
A Look At The Fair Value Of NuVasive, Inc. (NASDAQ:NUVA)
Jan 26NuVasive stock gains on study results of its X360 surgery approach
Jan 06What Type Of Returns Would NuVasive's(NASDAQ:NUVA) Shareholders Have Earned If They Purchased Their SharesYear Ago?
Jan 05Revenue & Expenses Breakdown
How NuVasive makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Jun 23 | 1,226 | 28 | 653 | 102 |
| 31 Mar 23 | 1,219 | 20 | 650 | 100 |
| 31 Dec 22 | 1,202 | 40 | 634 | 99 |
| 30 Sep 22 | 1,199 | -20 | 636 | 98 |
| 30 Jun 22 | 1,174 | -40 | 628 | 98 |
| 31 Mar 22 | 1,159 | -37 | 624 | 94 |
| 31 Dec 21 | 1,139 | -64 | 610 | 93 |
| 30 Sep 21 | 1,129 | -26 | 594 | 89 |
| 30 Jun 21 | 1,153 | 2 | 594 | 86 |
| 31 Mar 21 | 1,062 | -50 | 563 | 84 |
| 31 Dec 20 | 1,051 | -37 | 547 | 80 |
| 30 Sep 20 | 1,069 | -9 | 563 | 77 |
| 30 Jun 20 | 1,065 | -4 | 570 | 75 |
| 31 Mar 20 | 1,153 | 61 | 596 | 73 |
| 31 Dec 19 | 1,168 | 65 | 611 | 72 |
| 30 Sep 19 | 1,146 | 48 | 593 | 70 |
| 30 Jun 19 | 1,127 | 52 | 581 | 67 |
| 31 Mar 19 | 1,116 | 49 | 574 | 65 |
| 31 Dec 18 | 1,102 | 12 | 576 | 62 |
| 30 Sep 18 | 1,085 | 24 | 568 | 57 |
| 30 Jun 18 | 1,060 | 41 | 553 | 55 |
| 31 Mar 18 | 1,038 | 42 | 546 | 53 |
| 31 Dec 17 | 1,027 | 82 | 540 | 50 |
| 30 Sep 17 | 1,027 | 64 | 547 | 51 |
| 30 Jun 17 | 1,019 | 35 | 554 | 50 |
| 31 Mar 17 | 996 | 53 | 549 | 50 |
| 31 Dec 16 | 962 | 37 | 534 | 48 |
| 30 Sep 16 | 906 | 42 | 510 | 44 |
| 30 Jun 16 | 867 | 51 | 489 | 40 |
| 31 Mar 16 | 834 | 31 | 468 | 37 |
| 31 Dec 15 | 811 | 66 | 457 | 36 |
| 30 Sep 15 | 800 | 62 | 454 | 37 |
| 30 Jun 15 | 790 | 47 | 457 | 37 |
| 31 Mar 15 | 777 | 33 | 460 | 38 |
| 31 Dec 14 | 762 | -17 | 457 | 37 |
| 30 Sep 14 | 749 | -18 | 457 | 36 |
| 30 Jun 14 | 728 | -9 | 446 | 34 |
| 31 Mar 14 | 703 | -11 | 433 | 32 |
| 31 Dec 13 | 685 | 8 | 420 | 32 |
| 30 Sep 13 | 660 | -1 | 403 | 33 |
| 30 Jun 13 | 639 | -6 | 389 | 33 |
| 31 Mar 13 | 628 | 3 | 377 | 35 |
| 31 Dec 12 | 620 | 3 | 372 | 35 |
| 30 Sep 12 | 605 | -4 | 368 | 34 |
Quality Earnings: NUVA has a large one-off loss of $16.9M impacting its last 12 months of financial results to 30th June, 2023.
Growing Profit Margin: NUVA became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: NUVA's earnings have declined by 33% per year over the past 5 years.
Accelerating Growth: NUVA has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: NUVA has become profitable in the last year, making it difficult to compare its past year earnings growth to the Medical Equipment industry (3.7%).
Return on Equity
High ROE: NUVA's Return on Equity (3.2%) is considered low.
Return on Assets
Return on Capital Employed
Discover strong past performing companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2023/09/02 10:24 |
| End of Day Share Price | 2023/08/31 00:00 |
| Earnings | 2023/06/30 |
| Annual Earnings | 2022/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
NuVasive, Inc. is covered by 41 analysts. 12 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Jason Wittes | Aegis Capital Corporation |
| null null | Argus Research Company |
| Jeffrey Johnson | Baird |