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ShockWave Medical, Inc.
SWAV•NASDAQ
Healthcare
Medical - Devices
$334.75
$-0.08(-0.02%)

The company's financials show resilient growth, with revenue advancing from $180.16M in Q2 2023 to $218.81M in Q1 2024. Gross profit remained healthy with margins at 87% in Q1 2024 compared to 86% in Q2 2023. Operating income hit $42.41M last quarter, sustaining a consistent 19% margin. Changes in R&D and SG&A spending did not hinder EBITDA, which stood at $56.05M. Net income rose to $55.35M, while earnings per share reached $1.48. Strong cost management and operational efficiency kept profitability intact, underlining the company's stable and competitive market performance.
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