2018 Press Releases

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08/07/18Nuvectra™ Reports Second Quarter 2018 Financial Results
Reports Record Algovita® Sales of $11.5 million, Up 110% YoY PLANO, Texas, Aug. 07, 2018 (GLOBE NEWSWIRE) -- Nuvectra Corporation (NASDAQ: NVTR), a neurostimulation medical device company, announced today financial results for the second quarter ended June 30, 2018. Highlights Reported record consolidated revenues of $13.1 million for the second quarter 2018. Reached approximately 60 active territories for U.S. Algovita. Submitted Virtis™ response to FDA, initiated new 180-day r... 
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08/02/18Nuvectra™ Appoints Neuromodulation Veteran Ben Tranchina as Chief Technology Officer
PLANO, Texas, Aug. 02, 2018 (GLOBE NEWSWIRE) -- Nuvectra Corporation (NASDAQ: NVTR), a neurostimulation medical device company, announced today the appointment of Ben Tranchina as Chief Technology Officer (CTO), effective August 24, 2018. Mr. Tranchina has over 25 years of industry experience and most relevantly served as VP, Product Development at St. Jude Medical, where he led the development of the company’s neuromodulation portfolio, following his time at Advanced Neuromodulation Systems, ... 
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07/31/18Nuvectra™ to Report Second Quarter 2018 Financial Results on August 7, 2018
PLANO, Texas, July 31, 2018 (GLOBE NEWSWIRE) -- Nuvectra Corporation (NASDAQ: NVTR), a neurostimulation medical device company, announced today that it will release its financial results for the second quarter ended June 30, 2018 on Tuesday, August 7, 2018 after market close. Nuvectra will hold a conference call on Tuesday, August 7, 2018, at 4:30pm ET to discuss the results. The dial-in numbers are (844) 882-7830 for domestic callers and (574) 990-9704 for international callers. The confer... 
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07/10/18Nuvectra Completes 2,000 U.S. Algovita® SCS System Implantations
PLANO, Texas, July 10, 2018 (GLOBE NEWSWIRE) -- Nuvectra Corporation (NASDAQ:NVTR), a neurostimulation medical device company, announced today that the Company’s Algovita® Spinal Cord Stimulation (SCS) system has been implanted in over 2,000 patients in the U.S. The Algovita SCS System utilizes one of the most robust internal pulse generators used for spinal cord stimulation and patent-protected stretchable lead technology to deliver four unique stimulation modes to patients seeking non-pharma... 
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07/02/18Nuvectra Provides Update on FDA and TÜV SÜD Review of Virtis™ PMA and CE Mark Applications
PLANO, Texas, July 02, 2018 (GLOBE NEWSWIRE) -- Nuvectra Corporation (NASDAQ:NVTR), a neurostimulation medical device company, today provided an update on its U.S. Food and Drug Administration (FDA) pre-market approval (PMA) application and its TÜV SÜD application for CE Mark in Europe for VirtisTM, the Company’s Sacral Neuromodulation (SNM) System for the treatment of chronic urinary retention and the symptoms of overactive bladder. As part of its review of the Virtis PMA original applicat... 
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06/25/18Nuvectra Added to the Russell 2000® Index
PLANO, Texas, June 25, 2018 (GLOBE NEWSWIRE) -- Nuvectra Corporation (NASDAQ:NVTR), a neurostimulation medical device company, announced today that it was added to the Russell 2000® Index when Russell Investments reconstituted its comprehensive set of U.S. and global equity indexes on June 22, 2018. Scott Drees, Chief Executive Officer, commented, “We are delighted to be added to the Russell 2000. The addition reflects our commitment to driving shareholder value while growing our business a... 
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05/17/18Nuvectra to Present at Two Upcoming Investor Conferences
PLANO, Texas, May 17, 2018 (GLOBE NEWSWIRE) -- Nuvectra Corporation (NASDAQ:NVTR), a neurostimulation medical device company, announced today that Scott Drees, Chief Executive Officer, and Walter Berger, Chief Operating Officer & Chief Financial Officer, are scheduled to present at two upcoming investor conferences in June 2018.                   Event:   Jefferies 2018 Global Healthcare Conference   ... 
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05/02/18Nuvectra™ Reports First Quarter 2018 Financial Results
PLANO, Texas, May 02, 2018 (GLOBE NEWSWIRE) -- Nuvectra Corporation (NASDAQ:NVTR), a neurostimulation medical device company, announced today financial results for the first quarter ended March 31, 2018. Highlights Reported consolidated revenues of $10.6 million for the first quarter 2018, including total Algovita® sales of $9.1 million. Expanded U.S. commercial team. Completed follow-on public offering of common stock for gross proceeds of approximately $26.0 million in February... 
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04/23/18Nuvectra™ to Report First Quarter 2018 Financial Results on May 2, 2018
PLANO, Texas, April 23, 2018 (GLOBE NEWSWIRE) -- Nuvectra Corporation (NASDAQ:NVTR), a neurostimulation medical device company, announced today that it will release its financial results for the first quarter ended March 31, 2018 on Wednesday, May 2, 2018 after market close. Nuvectra will hold a conference call on Wednesday, May 2, 2018, at 4:30pm ET to discuss the results. The dial-in numbers are (844) 882-7830 for domestic callers and (574) 990-9704 for international callers. The conferen... 
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03/06/18Nuvectra™ Reports Fourth Quarter and Full Year 2017 Financial Results
Record Quarterly Algovita® Revenue of $10.4 Million PLANO, Texas, March 06, 2018 (GLOBE NEWSWIRE) -- Nuvectra Corporation (NASDAQ:NVTR), a neurostimulation medical device company, today announced financial results for the fourth quarter and full year ended December 31, 2017. Recent Company Highlights Reported record consolidated revenues of $12.0 million for the fourth quarter 2017 and $31.8 million for the full year 2017. Achieved the 1,000th Algovita® SCS System implantation in U... 
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02/27/18Nuvectra to Present at Two Upcoming Investor Conferences
PLANO, Texas, Feb. 27, 2018 (GLOBE NEWSWIRE) -- Nuvectra Corporation (NASDAQ:NVTR), a neurostimulation medical device company, announced today that Scott Drees, Chief Executive Officer, and Walter Berger, Chief Operating Officer & Chief Financial Officer, are scheduled to present at two upcoming investor conferences. Event: Cowen and Company 38th Annual Health Care Conference  Date: Monday, March 12, 2018  Time: 2:10 p.m. ET ... 
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02/22/18Nuvectra™ to Report Fourth Quarter and Full Year 2017 Financial Results on March 6, 2018
PLANO, Texas, Feb. 22, 2018 (GLOBE NEWSWIRE) -- Nuvectra Corporation (NASDAQ:NVTR), a neurostimulation medical device company, announced today that it will release its financial results for the fourth quarter and full year ended December 31, 2017 on Tuesday, March 6, 2018 after market close. Nuvectra will hold a conference call on Tuesday, March 6, 2018, at 4:30pm ET to discuss the results. The dial-in numbers are (844) 882-7830 for domestic callers and (574) 990-9704 for international call... 
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02/20/18Nuvectra Secures $45 Million Second Amendment to Existing Loan and Security Agreement
Agreement Provides Company with Increased Financial Flexibility and Extended Amortization Period PLANO, Texas, Feb. 20, 2018 (GLOBE NEWSWIRE) -- Nuvectra Corporation (NASDAQ:NVTR), a neurostimulation medical device company, announced today that it has reached an agreement with Silicon Valley Bank and Oxford Finance, the lenders of its existing credit facility, to secure a second amendment to the Company’s loan and security agreement for $45.0 million. On February 16, 2018, the Company amende... 
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02/05/18Nuvectra™ Announces Closing of Follow-On Stock Offering and Full Exercise of Underwriters’ Option to Purchase Additional Shares
PLANO, Texas, Feb. 05, 2018 (GLOBE NEWSWIRE) -- Nuvectra Corporation (NASDAQ:NVTR), a neurostimulation medical device company, announced today the closing of its underwritten follow-on public offering of 3,248,750 shares of its common stock at a price to the public of $8.00 per share, which included the exercise in full by the underwriters of their option to purchase 423,750 additional shares of common stock on the same terms and conditions. Gross proceeds to Nuvectra were approximately $26.0 ... 
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02/01/18Nuvectra™ Announces Pricing of Follow-On Stock Offering
PLANO, Texas, Feb. 01, 2018 (GLOBE NEWSWIRE) -- Nuvectra Corporation (NASDAQ:NVTR), a neurostimulation medical device company, announced today the pricing of its underwritten follow-on public offering of 2,825,000 shares of its common stock at a price to the public of $8.00 per share. The offering is expected to close on or about February 5, 2018, subject to customary closing conditions. In addition, Nuvectra has granted the underwriters a 30-day option to purchase up to 423,750 additional sha... 
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01/31/18Nuvectra™ Announces Proposed Follow-On Stock Offering
PLANO, Texas, Jan. 31, 2018 (GLOBE NEWSWIRE) -- Nuvectra Corporation (NASDAQ:NVTR), a neurostimulation medical device company, announced today that it is commencing an underwritten follow-on public offering of its common stock. In addition, Nuvectra intends to grant the underwriters a 30-day option to purchase additional shares of its common stock. Nuvectra intends to use the net proceeds from this offering to fund the expansion of product development and commercialization activities, as well ... 
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01/08/18Nuvectra™ Announces Preliminary Unaudited Fourth Quarter and Full Year 2017 Revenue
PLANO, Texas, Jan. 08, 2018 (GLOBE NEWSWIRE) -- Nuvectra Corporation (NASDAQ:NVTR), a neurostimulation medical device company, today announced preliminary unaudited revenue for the fourth quarter and full year ended December 31, 2017. Preliminary unaudited fourth quarter consolidated revenue is expected to be in the range of $11.5 to $12.0 million, compared to $4.2 million in the fourth quarter of 2016. Preliminary unaudited Algovita revenue for the fourth quarter of 2017 is expected to be ... 
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01/03/18Nuvectra Announces Analyst & Investor Meeting at NANS 2018
Event to Feature Leading Physician Presentations on Nuvectra’s Algovita system PLANO, Texas, Jan. 03, 2018 (GLOBE NEWSWIRE) -- Nuvectra Corporation (NASDAQ:NVTR), a neurostimulation medical device company, announced today that the company will host an Analyst & Investor Meeting on Friday, January 12th during the 2018 North American Neuromodulation Society (NANS) Annual Meeting in Las Vegas, NV. The meeting will feature presentations by leading neuromodulation physicians Giancarlo Barolat,... 
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