NuVasive Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2004; Revised Earnings Guidance for the Full Year of 2004

October 26, 2004 - NuVasive Inc. announced earnings results for the third quarter and nine months ended September 30, 2004. For the quarter, the company reported net loss of $2,756,000 or $0.12 loss per basic and diluted share total revenues of $10,184,000 against net loss of $1,837,000 or $0.45 loss per basic and diluted share total revenues of $6,076,000 for the same period a year ago. For the nine months, the company reported net loss of $11,449,000 or $0.89 loss per basic and diluted share total revenues of $26,581,000 against net loss of $6,564,000 or $1.62 loss per basic and diluted share total revenues of $16,020,000 for the same period a year ago. The company revised earnings guidance for the full year of 2004. For the year, the company expects revenue in the range of $37 million to $38 million from $36 million to $37 million.