---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-002089"
form_type: "8-K"
ticker: "CVRX"
cik: "0001235912"
company_name: "CVRx, Inc."
filed_at: "2024-01-08T23:59:59+00:00"
generated_at: "2026-06-07T02:02:20.287268+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# CVRx reports prelim Q4 revenue ~$11.2M (+57% YoY), FY2023 ~$39.2M (+74%); CEO Yared plans retirement

## Summary
- Preliminary Q4 2023 revenue $11.2M-$11.3M, up 56-58% YoY from $7.2M.
- Preliminary FY2023 revenue $39.2M-$39.3M, up 74-75% YoY from $22.5M.
- FY2024 guidance: revenue $53M-$57M, gross margin 83-84%, OpEx $86M-$90M.
- Active implanting centers grew to 178 (up from 159); cash $91M as of Dec 31, 2023.
- CEO Nadim Yared plans to retire after successor identified; board search underway.

## SEC filing metadata
- accession: 0001104659-24-002089
- form_type: 8-K
- ticker: CVRX
- cik: 0001235912
- company_name: CVRx, Inc.
- filed_at: 2024-01-08T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 5.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1235912/000110465924002089/0001104659-24-002089-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1235912/000110465924002089/tm242330d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-002089
- JSON: https://secwatch.observer/filing/0001104659-24-002089.json
- Plain text: https://secwatch.observer/filing/0001104659-24-002089.txt

## Key facts
- Earnings Releases
  CVRx, Inc. reported the fiscal year ended December 31, 2023 results: revenue approximately $39.2 million to $39.3 million. Guidance initiated.
  - Period: the fiscal year ended December 31, 2023
  - Revenue: approximately $39.2 million to $39.3 million
  - Guidance: initiated
  - Result: preliminary results
  source text: Total revenue for full year 2023 is expected to be in the range of approximately $39.2 million to $39.3 million
  evidence_url: https://www.sec.gov/Archives/edgar/data/1235912/000110465924002089/0001104659-24-002089-index.htm
- Earnings Releases
  CVRx, Inc. reported the fourth quarter ended December 31, 2023 results: revenue approximately $11.2 million to $11.3 million. Guidance initiated.
  - Period: the fourth quarter ended December 31, 2023
  - Revenue: approximately $11.2 million to $11.3 million
  - Guidance: initiated
  - Result: preliminary results
  source text: Total revenue for the fourth quarter of 2023 is expected to be in the range of approximately $11.2 million to $11.3 million
  evidence_url: https://www.sec.gov/Archives/edgar/data/1235912/000110465924002089/0001104659-24-002089-index.htm
- Executive change
  Nadim Yared departed as President and Chief Executive Officer at CVRx, Inc..
  - Action: plans to retire
  - Role: President and Chief Executive Officer
  source text: its President and Chief Executive Officer, Nadim Yared, provided notice to the Company’s Board of Directors (the “Board”) of his plans to retire upon the completion of a deliberate succession process and the appointment of a successor.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1235912/000110465924002089/0001104659-24-002089-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.
