ShockWave Medical (NASDAQ:SWAV) reported its Q3 earnings results on Monday, November 8, 2021 at 04:05 PM.
Here’s what investors need to know about the announcement.
Earnings
ShockWave Medical their estimated earnings by 183.33%, reporting an EPS of $0.05 versus an estimate of $-0.06, which surprised analysts.
Revenue was up $45,565,000 from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.4, which was followed by a 9.29% drop in the share price the next day.
Here’s a look at ShockWave Medical’s past performance:
| Quarter | Q2 2021 | Q1 2021 | Q4 2020 | Q3 2020 |
|---|---|---|---|---|
| EPS Estimate | -0.41 | -0.45 | -0.42 | -0.55 |
| EPS Actual | -0.01 | -0.68 | -0.46 | -0.38 |
| Revenue Estimate | 45.17M | 29.90M | 20.15M | 14.69M |
| Revenue Actual | 55.91M | 31.90M | 22.72M | 19.59M |
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