Considering that the guidance for this industry has been downgraded by every analyst under the hot summer sun, and the industry has been slow and flat (TSB is starting to sound like Tom Freidman), kudos must go out to the NuVasive Regional Managers and sales people that continue to accept the Czar's challenge. Talk about putting a bit of pressure on the troops, wait until winter comes. This may be NuVasive's greatest challenge since Adolf Hitler declared his intent to hit the USSR on August 11, 1939. If they continue their campaign to move up the ladder, the Czar must reward his troops with jeweled Faberge eggs and bottles of Chateau 1982 Pauillac. If Lukianov truly believes in patronage, you know what they say, "to the victor belongs the spoils." Besides a nice relaxing dinner at Dolce Pane E Vino would be worth it.
Wednesday, July 28, 2010
Once again, XLIFTS NuVasive!
NuVasive announced QII 2010 revenue of $119.6 million which was an astounding 35% increase over the $88.5 million for QII in 2009, and a 9.6% increase in revenue over QI of 2010 which was $109.1 million. With two quarters under their belt Lukianov has upped his prediction estimating $485 to $500 million by year end. Given that most of NuVa's products are "me too," it seems that XLIF and Osteocel have grown some big shoulders this year carrying the weight of the Big Bear's predications.