SANTA CLARA, Calif. (AP) _ Shockwave Medical Inc. (SWAV) on Thursday reported a loss of $13 million in its third quarter.
On a per-share basis, the Santa Clara, California-based company said it had a loss of 46 cents.
The results exceeded Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for a loss of 49 cents per share.
The medical device compnay posted revenue of $11.3 million in the period.
Shockwave Medical expects full-year revenue in the range of $41 million to $42 million.