FY2018 EPS Estimates for SANUWAVE Health, Inc. (SNWV) Lowered by Zacks Investment Research

SANUWAVE Health, Inc. (OTCMKTS:SNWV) – Equities research analysts at Zacks Investment Research dropped their FY2018 earnings per share estimates for SANUWAVE Health in a research note issued on Monday, April 9th. Zacks Investment Research analyst B. Marckx now forecasts that the company will post earnings per share of ($0.05) for the year, down from their previous forecast of ($0.02).

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SANUWAVE Health (OTCMKTS:SNWV) last posted its quarterly earnings data on Thursday, March 29th. The company reported ($0.02) EPS for the quarter, missing the Zacks’ consensus estimate of ($0.01) by ($0.01). The company had revenue of $0.32 million for the quarter, compared to analyst estimates of $0.25 million.

Separately, ValuEngine lowered shares of SANUWAVE Health from a “sell” rating to a “strong sell” rating in a research note on Sunday, December 31st.

OTCMKTS SNWV opened at $0.54 on Thursday. SANUWAVE Health has a 12 month low of $0.08 and a 12 month high of $0.64.

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About SANUWAVE Health

SANUWAVE Health, Inc is an acoustic pressure shock wave technology company using a system of noninvasive, high-energy, acoustic pressure shock waves for indications, such as regenerative medicine and other applications. The Company is focused on regenerative medicine utilizing noninvasive (extracorporeal), acoustic pressure shock waves to produce a biological response resulting in the body healing itself through the repair and regeneration of skin, musculoskeletal tissue and vascular structures.

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