Shockwave Medical Inc (SWAV)

[Whalatane]

Motley fools take on the earnings report

In the end, I'm not particularly concerned about Shockwave's slight earnings miss, as those rising expenses are necessary to continue driving outsized growth while the company chases its large total addressable market.
As it continues to scale the business and expand its global presence, increased operating leverage should begin to take hold with commensurate earnings growth to follow -- and Shockwave's share price should eventually respond in kind.
As such, this drop could prove to be a fantastic chance for patient, long-term investors to open or add to a position.

Kiwi