Exhibit 99.1
Nevro Announces Preliminary Unaudited Fourth Quarter and
Full Year 2018 Revenue
REDWOOD CITY, Calif., Jan. 7, 2019 – Nevro Corp. (NYSE: NVRO), a global medical device company that is providing innovative, evidence-based solutions for the treatment of chronic pain, today announced its preliminary unaudited revenue for the fourth quarter and full year ended December 31, 2018.
Fourth Quarter 2018
The company announced that preliminary unaudited fourth quarter 2018 worldwide revenue is expected to be in the range of $107.6 to $108.1 million, compared to $98.0 million in the prior year quarter. Preliminary unaudited U.S. revenue for the fourth quarter of 2018 is expected to be in the range of $91.5 to $91.8 million, compared to $81.1 million in the prior year quarter. Preliminary unaudited international revenue for the fourth quarter of 2018 is expected to be in the range of $16.1 to $16.3 million, compared to $16.9 million in the prior year quarter.
Full Year 2018
Nevro’s preliminary unaudited full year 2018 revenue is expected to be in the range of $386.9 to $387.4 million, compared to $326.7 million in the prior year. Preliminary unaudited U.S. revenue for the full year 2018 is expected to be in the range of $321.6 to $321.9 million, compared to $263.5 million in the prior year. Preliminary unaudited international revenue for the full year 2018 is expected to be in the range of $65.3 to $65.5 million, compared to $63.2 million in the prior year.
Nevro’s CEO Rami Elghandour will be presenting at the J.P. Morgan Healthcare Conference in San Francisco on Wednesday, January 9, 2019 at 10:30 am pacific time. The investor presentation materials are available now on the “Investors” section of the company’s website atwww.nevro.com, and the live presentation on January 9th will be webcast and archived there.