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Shockwave Medical: 2Q Earnings Snapshot

SANTA CLARA, Calif. (AP) _ Shockwave Medical Inc. (SWAV) on Monday reported a loss of $10.6 million in its second quarter.

The Santa Clara, California-based company said it had a loss of 38 cents per share.

The results exceeded Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 55 cents per share.

The medical device compnay posted revenue of $10 million in the period.

Shockwave Medical expects full-year revenue in the range of $38 million to $40 million.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SWAV at https://www.zacks.com/ap/SWAV