Shockwave Medical (SWAV) Misses Q1 EPS by 10c, Revenues Beat

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Shockwave Medical Reports First Quarter 2020 Financial Results

May 12, 2020 4:04 PM EDT

SANTA CLARA, Calif., May 12, 2020 (GLOBE NEWSWIRE) -- Shockwave Medical, Inc. (Nasdaq: SWAV), a pioneer in the development and commercialization of Intravascular Lithotripsy (IVL) to treat complex calcified cardiovascular disease, today reported financial results for the three months ended March 31, 2020.

Recent Highlights

Recognized revenue of $15.2 million for the first quarter of 2020, representing an increase of 109% over the first quarter of 2019Completed enrollment in CAD III study of IVL for coronary use in the U.S.Completed enrollment in CAD IV pivotal study of IVL for coronary... More