Edition:
United States

NuVasive Inc (NUVA.OQ)

NUVA.OQ on NASDAQ Stock Exchange Global Select Market

60.79USD
15 Dec 2017
Change (% chg)

$1.21 (+2.03%)
Prev Close
$59.58
Open
$59.85
Day's High
$61.21
Day's Low
$59.85
Volume
564,409
Avg. Vol
357,857
52-wk High
$81.48
52-wk Low
$49.25

Latest Key Developments (Source: Significant Developments)

Nuvasive To Acquire Safepassage
Tuesday, 12 Dec 2017 04:02pm EST 

Dec 12 (Reuters) - Nuvasive Inc ::NUVASIVE TO ACQUIRE SAFEPASSAGE.NUVASIVE INC - TERMS OF DEAL WERE NOT DISCLOSED..NUVASIVE INC - NUVASIVE EXPECTS TRANSACTION TO BE ACCRETIVE TO COMPANY'S NON-GAAP EARNINGS PER SHARE (EPS) IN 2018 AND BEYOND.NUVASIVE INC - CO ALSO EXPECTS DEAL TO SUPPORT LONGER-TERM TARGETS FOR REVENUE GROWTH AND EXPANSION OF ITS NON-GAAP OPERATING AND EBITDA MARGINS.  Full Article

NuVasive announces $100 million share repurchase program
Tuesday, 24 Oct 2017 04:04pm EDT 

Oct 25 (Reuters) - NuVasive Inc :NuVasive announces $100 million share repurchase program.NuVasive Inc - ‍intends to fund repurchases under share repurchase program from cash on hand, cash generated from operations​.NuVasive Inc - also ‍intends to fund repurchases from available borrowing under its existing credit facility​.  Full Article

NuVasive Inc reports Q3 GAAP earnings per share $0.64
Tuesday, 24 Oct 2017 04:02pm EDT 

Oct 25 (Reuters) - NuVasive Inc :NuVasive reports third quarter 2017 financial results.Q3 non-GAAP earnings per share $0.52.Q3 GAAP earnings per share $0.64.Q3 revenue rose 3.2 percent to $247.4 million.NuVasive Inc sees ‍revenue​ and non-GAAP revenue of $1,030 million for fy 2017.NuVasive Inc sees earnings per share of $1.37 for fy 2017 and adjusted earnings per share of $1.91 for fy 2017.  Full Article

NuVasive receives expanded FDA 510(k) clearance for innovative magnetic limb lengthening technology
Thursday, 12 Oct 2017 08:30am EDT 

Oct 12 (Reuters) - Nuvasive Inc ::NuVasive receives expanded FDA 510(k) clearance for innovative magnetic limb lengthening technology.Says ‍received expanded 510(K) clearance from U.S. FDA for co's precice system​.Says the ‍system is now indicated for bone transport of long bones in addition to limb lengthening​.  Full Article

NuVasive files lawsuit against Patrick S. Miles
Tuesday, 10 Oct 2017 04:36pm EDT 

Oct 10 (Reuters) - Alphatec Holdings Inc :Nuvasive files lawsuit against patrick s. Miles to protect corporate assets and stakeholders' interests.Nuvasive inc - ‍filed a lawsuit in delaware chancery court against patrick s. Miles, former vice chairman of co and member of co's board of directors​.Nuvasive inc says lawsuit asserts that ‍miles' resignation from co was "in violation of his contractual obligations to nuvasive"​.  Full Article

NuVasive says ‍commercial launch of its lessray software technology system​
Wednesday, 13 Sep 2017 07:31am EDT 

Sept 13 (Reuters) - NuVasive Inc :Nuvasive Inc - ‍commercial launch of its Lessray Software technology system​.  Full Article

Nuvasive buys privately-held medical device co Vertera Spine
Thursday, 7 Sep 2017 10:43am EDT 

Sept 7 (Reuters) - Nuvasive Inc ::Nuvasive announces acquisition of Vertera Spine.Terms of acquisition were not disclosed​​.‍Announced acquisition of Vertera Spine, a privately-held medical device company​.Vertera Spine's existing interbody product lines will be added to Nuvasive's portfolio for U.S. commercial sale and distribution​.  Full Article

Nuvasive receives FDA 510(K) clearance for leading EOS innovation
Wednesday, 6 Sep 2017 08:00am EDT 

Sept 6 (Reuters) - Nuvasive Inc :Nuvasive receives FDA 510(K) clearance for leading EOS innovation.  Full Article

Nuvasive announces new organizational structure
Thursday, 27 Jul 2017 04:05pm EDT 

July 27 (Reuters) - Nuvasive Inc :Announces new organizational structure.Nuvasive Inc says it has accepted resignation of its CFO Quentin Blackford, effective August 25, 2017.Nuvasive - Vickie Capps, independent member of co's board, will provide guidance and support to co's financial organization during transition period.Says Jason Hannon, president and chief operating officer, is stepping down from his position.Nuvasive Inc - new structure designed to align strategy and innovation, integrate global commercial channels and transform business operations.  Full Article

Nuvasive Q2 earnings per share $0.22
Thursday, 27 Jul 2017 04:02pm EDT 

July 27 (Reuters) - Nuvasive Inc :Nuvasive reports second quarter 2017 financial results.Q2 non-gaap earnings per share $0.46.Q2 gaap earnings per share $0.22.Q2 revenue rose 10.3 percent to $260.6 million.Says company reiterates revenue, non-gaap operating margin and non-gaap diluted earnings per share guidance for 2017.FY 2017 earnings per share view $2.01, revenue view $1.07 billion -- Thomson Reuters I/B/E/S.  Full Article

BRIEF-Nuvasive To Acquire Safepassage

* NUVASIVE INC - NUVASIVE EXPECTS TRANSACTION TO BE ACCRETIVE TO COMPANY'S NON-GAAP EARNINGS PER SHARE (EPS) IN 2018 AND BEYOND