Shockwave Medical (SWAV) Q1 Earnings Beat, Revenues Rise Y/Y

Shockwave Medical, Inc. (SWAV) reported first-quarter 2024 earnings per share (EPS) of $1.44, which beat the Zacks Consensus Estimate of $1.04 by 38.46%. The company reported an EPS of $1.03 in the year-ago quarter.Revenue DetailsRevenues totaled $218.8 million, indicating an uptick of 36% from the prior-year period’s level. The top line also beat the Zacks Consensus Estimate by 5.66%. The growth was primarily driven by an increase in the purchase volume of products, both in the United States and abroad.Bus ...