SANTA CLARA, Calif. (AP) _ Shockwave Medical Inc. (SWAV) on Monday reported third-quarter net income of $35 million.

On a per-share basis, the Santa Clara, California-based company said it had net income of 92 cents.

The results surpassed Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 68 cents per share.

The medical device compnay posted revenue of $131.3 million in the period, also surpassing Street forecasts. Four analysts surveyed by Zacks expected $125.8 million.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SWAV at https://www.zacks.com/ap/SWAV

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