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0.000236735192595492 6.10929529278242E-05 0.000397104194031205 0.00114549286739775 0.000504016861655071 0.000323792650517746 -6.10929529278242E-05 0.000397104194031205
Stock impact report

Johnson & Johnson Shows Focus On Strengthening Its Business Upon Its Consumer Health Unit Spinoff [Yahoo! Finance]

ShockWave Medical, Inc. (SWAV) 
Last shockwave medical, inc. earnings: 2/13 04:03 pm Check Earnings Report
Company Research Source: Yahoo! Finance
Adjusted earnings surpassed estimates as sales in its medical devices business surged, while revenue was almost in line with estimates. First quarter results came shortly after JNJ's expansion in the cardiovascular space with the $13.1 billion acquisition of heart device firm Shockwave Medical Inc (NASDAQ: SWAV First Quarter Highlights For the period ended in March, the healthcare company posted a revenue of $21.38 billion, almost in line with LSEG's estimate of $21.4 billion. During the first three months of the year, revenue rose more than 2% YoY. JNJ reported a net income of $5.35 billion, or $2.20 per share, with adjusted income amounting to $2.71, surpassing LSEG's estimate of $2.64. It is quite a difference compared to last year's comparable quarter when JNJ posted a net loss due to costs related to its controversial talc baby powder liabilities that led to the spinoff of its consumer health unit. This quarter's success is owed to the thriving medical devices business that b Show less Read more
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