Cyberonics Q1 Adj. EPS Tops View - Quick Facts

(RTTNews) - Cyberonics, Inc. (CYBX) Thursday announced first quarter net income of $12.4 million, or $0.47 per share, down from $13.5 million, or $0.50 per share in the comparable quarter last year.

Adjusted earnings were $0.72 per share, up from $0.53 per share, prior year. On average, 7 analysts polled by Thomson Reuters were looking for $0.62 per share. Analysts figures usually exclude special items.

Net sales for the latest first quarter rose to $81.01 million from $72.00 million in the previous year, while seven analysts had a consensus revenue estimate of $76.78 million for the quarter.