enVVeno Medical Corporation
NVNO
#9161
Rank
$42.65 M
Marketcap
$3.20
Share price
-4.76%
Change (1 day)
-42.13%
Change (1 year)
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Operating Margin for enVVeno Medical Corporation (NVNO)

Operating Margin as of October 2024 (TTM): -24,406.70%

According to enVVeno Medical Corporation's latest financial reports and stock price the company's current Operating Margin is -24,406.70%. At the end of 2019 the company had an Operating Margin of -24,406.74%.

Operating Margin history for enVVeno Medical Corporation from 2017 to 2019

Operating Margin at the end of each year

Year Operating Margin Change
2019-24,406.74%249.09%
2018-6,991.46%278.77%
2017-1,845.83%159.59%
2016-711.05%

What is a company's Operating Margin

The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.