Shockwave Medical Inc reports results for the quarter ended in March - Earnings Summary

Shockwave Medical

09/05/2022 23:02

* Shockwave Medical Inc  SWAV.OQ  reported quarterly
adjusted
earnings of 39 cents​​ per share for the quarter ended in March.
The mean expectation of seven analysts for the quarter was
for earnings of 18 cents per share.
    * Revenue rose 193.5% to $93.63 million from a year ago; 
analysts
expected $86.41 million. 
    * Shockwave Medical Inc's reported EPS for the quarter was
39
cents​.
    * The mean earnings estimate of analysts had risen by
about 30.1%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Shockwave Medical Inc shares had fallen by 33.8% this
quarter and lost 23.0% so far this year.
    * The company reported quarterly net income of $14.52
million.
    * Wall Street's median 12-month price target for Shockwave
Medical
Inc is $235.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 

This summary was machine generated May 9 at 10:02 p.m.  ​All
figures in US dollars unless otherwise stated