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  "documentTitle": "Nevro Corp. (NVRO)",
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  "authorName": "Kir Kahlon",
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  "notes": "Uses CEO quote to undermine management credibility.",
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      "text": "Grossman’s tentative and artful choice of words on the August 5th and November 4th earnings calls suggest all is not well with the Omnia launch",
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      "text": "10. The new Omnia stimulator, the centerpiece of Nevro’s turnaround hopes, is a Hail Mary and colossal flop. Grossman’s tentative and artful choice of words on the August 5th and November 4th earnings calls suggest all is not well with the Omnia launch, which he stated is “doing as well as we could have hoped on a relative basis” and “again, from a relative standpoint, we think we continue to do well with Omnia” – not exactly the tenor one would expect for the launch at the center of his turnaround hopes. We note the ongoing lack of metrics to help investors assess the launch.",
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      "kind": "quote",
      "text": "Keith Grossman, Nevro CEO, comments on August 5, 2020 earnings call: “So the -- I think the response to the Omnia launch has been very good. And as I mentioned in my remarks, we've now just launched Omnia in Europe and Australia following approvals there, respectively. I think the Omnia launch is doing as well as we could have hoped on a relative basis, obviously the COVID interruption aside, we felt extremely good about what Omnia was doing in the U.S. in the first quarter coming into COVID. And again, from a relative standpoint, we think we continue to do well with Omnia.”",
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      "text": "So the -- I think the response to the Omnia launch has been very good. And as I mentioned in my remarks, we've now just launched Omnia in Europe and Australia following approvals there, respectively. I think the Omnia launch is doing as well as we could have hoped on a relative basis, obviously the COVID interruption aside, we felt extremely good about what Omnia was doing in the U.S. in the first quarter coming into COVID. And again, from a relative standpoint, we think we continue to do well with Omnia. — Keith Grossman, Nevro CEO, comments on August 5, 2020 earnings call",
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      "text": "Source: Earnings call transcript 8/5/20.",
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      "text": "Scorpion Capital | Nevro (NYSE: NVRO)",
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