Sanuwave Health Inc. (OTCMKTS:SNWV) – Zacks Investment Research dropped their FY2017 earnings estimates for shares of Sanuwave Health in a report released on Tuesday. Zacks Investment Research analyst B. Marckx now anticipates that the company will post earnings of ($0.03) per share for the year, down from their previous estimate of ($0.02).

Sanuwave Health (SNWV) traded down $0.01 during mid-day trading on Friday, hitting $0.14. The stock had a trading volume of 67,900 shares, compared to its average volume of 150,119. The company has a quick ratio of 0.07, a current ratio of 0.11 and a debt-to-equity ratio of -0.57. Sanuwave Health has a 1-year low of $0.08 and a 1-year high of $0.19.

Sanuwave Health (OTCMKTS:SNWV) last released its quarterly earnings results on Monday, November 20th. The company reported ($0.01) earnings per share for the quarter, hitting analysts’ consensus estimates of ($0.01). The business had revenue of $0.16 million during the quarter, compared to analyst estimates of $0.48 million. ILLEGAL ACTIVITY WARNING: This story was first reported by American Banking News and is the property of of American Banking News. If you are viewing this story on another publication, it was illegally stolen and reposted in violation of US & international copyright legislation. The correct version of this story can be read at https://www.americanbankingnews.com/2017/12/01/fy2017-earnings-forecast-for-sanuwave-health-inc-snwv-issued-by-zacks-investment-research.html.

Sanuwave Health Company Profile

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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