Investing.com - Shockwave Medical reported on Monday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Shockwave Medical announced earnings per share of $0.92 on revenue of $131.3M. Analysts polled by Investing.com EPS of $0.53 on revenue of $123.97M.
Shockwave Medical 's are down 69% and is trading at $261.18 , still down 13.45% from its 52 week high of $320.54 set on Wednesday, October 26, 2022.
Shockwave Medical shares lost 5.85% to trade at $261.18 in after-hours trade the report.
Shockwave Medical follows other major Healthcare sector earnings this month
Shockwave Medical's report follows an earnings beat by UnitedHealth on Friday, October 14, 2022, who reported EPS of $5.79 on revenue of $80.89B, EPS of $5.43 on revenue of $80.52B.
J&J had beat expectations on Tuesday, October 18, 2022 with third quarter EPS of $2.55 on revenue of $23.79B, for EPS of $2.52 on revenue of $23.46B.
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