NuVasive announces fourth-quarter, full-year 2022 results
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NuVasive Inc. has released its fourth-quarter and full-year 2022 financial results, according to a company press release.
The company reported increased net sales of 1.1% for the fourth quarter of 2022 compared with the prior year period and increased net sales of 5.5% for full-year 2022 compared with 2021. In the release, NuVasive noted net sales were negatively impacted by fluctuation in foreign currency.
“Looking back at 2022, I am proud of our team for delivering another year of above-market, net sales growth,” Chris Barry, CEO of NuVasive, said in the release. “Looking ahead, I couldn’t be more excited to join forces with Globus Medical to create a leading, global musculoskeletal technology company. Our complementary commercial organizations and product portfolios make a strong financial profile and value creation opportunity for shareholders, while furthering our ability to increase customer reach and change more patient lives,” Barry said.