Investing.com - Shockwave Medical (NASDAQ:SWAV) 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 anticipated EPS of $0.53 on revenue of $123.97M.
Shockwave Medical shares are down 69% from the beginning of the year, still down 13.45% from its 52 week high of $320.54 set on October 26.
Shockwave Medical shares lost 5.85% in after-hours trade following the report.
Shockwave Medical follows other major Healthcare sector earnings this month
Shockwave Medical's report follows an earnings beat by UnitedHealth on October 14, who reported EPS of $5.79 on revenue of $80.89B, compared to forecasts EPS of $5.43 on revenue of $80.52B.
J&J had beat expectations on October 18 with third quarter EPS of $2.55 on revenue of $23.79B, compared to forecast for EPS of $2.52 on revenue of $23.46B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar