Cyberonics Inc. (CYBX) reported fourth quarter adjusted EPS of $0.46 Wednesday morning, which topped the consensus estimate of $0.43. Full year 2014 EPS is expected to be between $1.93 and $2.01. The consensus estimate is for EPS of $1.91.
Cyberonics gapped open sharply higher Wednesday, but traded in a range for the bulk of the session. The stock closed up by 2.50 at $50.17 on above average volume. Cyberonics rose to a 4 1/2 month high.
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