SANUWAVE Health (NASDAQ:SNWV) Announces Quarterly Earnings Results

SANUWAVE Health (NASDAQ:SNWV) released its quarterly earnings data on Thursday. The company reported ($7.03) earnings per share for the quarter, RTT News reports. The business had revenue of $10.33 million during the quarter. During the same period in the previous year, the company posted ($12.19) earnings per share.

SANUWAVE Health Stock Up 17.5 %

SNWV stock traded up $5.61 on Friday, reaching $37.61. The company’s stock had a trading volume of 182,813 shares, compared to its average volume of 15,091. The firm has a market capitalization of $321.53 million, a price-to-earnings ratio of -9.64 and a beta of 1.54. SANUWAVE Health has a 12-month low of $4.28 and a 12-month high of $37.94.

About SANUWAVE Health

SANUWAVE Health, Inc, a shock wave technology company, researches, develops, and commercializes noninvasive, high-energy, and acoustic shock waves for regenerative medicine and other applications in the United States and internationally. 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.