ShockWave Medical Q3 2023 EPS $0.92 Beats $0.79 Estimate, Sales $186.02M Beat $184.72M Estimate
Portfolio Pulse from totan@benzinga.com
ShockWave Medical reported Q3 2023 earnings of $0.92 per share, beating the analyst consensus estimate of $0.79 by 16.46%. The company also reported quarterly sales of $186.02 million, beating the estimate of $184.72 million by 0.70%. This represents a 41.64% increase over the same period last year.
November 06, 2023 | 9:14 pm
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ShockWave Medical's Q3 2023 earnings and sales beat estimates. Earnings per share were $0.92, beating estimates by 16.46%. Sales were $186.02 million, beating estimates by 0.70%.
ShockWave Medical's earnings and sales for Q3 2023 have both exceeded analyst estimates, which is typically a positive signal for the company's stock. The beat on both fronts suggests that the company is performing well financially, which could lead to increased investor confidence and a potential rise in the stock price in the short term.
CONFIDENCE 100
IMPORTANCE 80
RELEVANCE 100