NuVasive announced that its revenue for the fourth quarter of fiscal year 2013 is $190.8 million, up from its revenue during the same period last year, $165.7 million.
The company also announced its revenue for the year ended Dec. 31, 2013 — $685.17 million — up from the year ended Dec. 31, 2012, which resulted in revenues of $620.25 million.
NuVasive reported a net income of around $6 million in the fourth quarter of FY 2013 as compared to the net loss of $2.74 million it suffered during the same period last year. For the year ended Dec. 31, 2013, the company recorded a net income $7.9 million, up from the same period last year, reported as $3.1 million.
NuVasive is focused on developing minimally invasive solutions, such as its Maximum Access Surgery or MAS platform for lateral spine fusion and the PCM motion preserving disc for the cervical spine.
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