Cardiovascular Systems (CSII) Loss Wider Than Estimates In Q1
Zacks Investment Research | Oct 30, 2019 08:27AM ET
Cardiovascular Systems, Inc. (NASDAQ:CSII) reported a loss per share of 17 cents in first-quarter fiscal 2020, wider than the loss per share of 9 cents in the prior-year period. The reported figure was also wider than the Zacks Consensus Estimate of a loss of 9 cents.
Net Sales
Cardiovascular Systems’ revenues of $64.5 million in the first quarter marked a 14.6% year-over-year increase. Meanwhile, the top line beat the Zacks Consensus Estimate by 0.7%.
Segment Details
In the quarter under review, global Coronary device revenues jumped 26% year over year to $19 million. Domestic coronary revenues rose 17% to $16.3 million.
Global peripheral revenue increased 10% to $45.5 million,led by the launch of new peripheral orbital atherectomy devices. Domestic peripheral revenue increased 10% to $45.2 million.
Cardiovascular Systems, Inc. Price, Consensus and EPS Surprise
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