SANUWAVE Health (OTCMKTS:SNWV) Posts Earnings Results, Hits Estimates

SANUWAVE Health (OTCMKTS:SNWV) released its quarterly earnings results on Thursday. The company reported ($0.02) earnings per share (EPS) for the quarter, hitting the Zacks’ consensus estimate of ($0.02), reports. The company had revenue of $0.32 million for the quarter, compared to analysts’ expectations of $0.46 million.

OTCMKTS:SNWV traded down $0.01 during mid-day trading on Friday, reaching $0.14. The stock had a trading volume of 34,505 shares, compared to its average volume of 162,508. The firm has a market capitalization of $26.45 million, a price-to-earnings ratio of -1.69 and a beta of -1.56. SANUWAVE Health has a twelve month low of $0.10 and a twelve month high of $0.33. The business has a 50 day simple moving average of $0.13 and a 200 day simple moving average of $0.17.

About SANUWAVE Health

SANUWAVE Health, Inc, a shock wave technology company, focuses on the development and commercialization of noninvasive, high-energy, and acoustic shock waves for regenerative medicine and other applications worldwide. Its shockwaves are used to produce a biological response resulting in the body healing itself through the repair and regeneration of tissue, and musculoskeletal and vascular structures.

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Earnings History for SANUWAVE Health (OTCMKTS:SNWV)

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