Shockwave Medical (SWAV) Q4 Earnings Beat, Revenues Rise Y/Y

Shockwave Medical, Inc. (SWAV) reported fourth-quarter 2023 earnings per share (EPS) of $1.16, which beat the Zacks Consensus Estimate of 92 cents by 26.1%. The company reported an EPS of $3.71 in the year-ago quarter.Revenue DetailsRevenues totaled $203 million, up a massive 40.9% from the prior-year period’s level. The top line also beat the Zacks Consensus Estimate by 1.5%. The growth was primarily driven by an increase in the purchase volume of products, both in the United States and abroad.U.S. revenue ...