Shockwave Medical Inc (STU:36M)
€ 308.2 -0.9 (-0.29%) Market Cap: 11.64 Bil Enterprise Value: 11.40 Bil PE Ratio: 78.21 PB Ratio: 16.70 GF Score: 63/100
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Shockwave Medical Inc at Piper Sandler Healthcare Conference Transcript

Nov 29, 2023 / 06:30PM GMT
Release Date Price: €154.75 (+1.21%)
Adam Carl Maeder
Piper Sandler & Co., Research Division - Director & Senior Research Analyst

All right. We're going to get going here. My name is Adam Maeder, I'm one of the med tech research analysts here at Piper Sandler. Very pleased to introduce the management team from Shockwave Medical. With us, we have Doug Godshall, President and CEO. Doug, thanks so much for joining us.

Douglas E. Godshall
Shockwave Medical, Inc. - President, CEO & Director

Thank you.

Questions & Answers

Adam Carl Maeder
Piper Sandler & Co., Research Division - Director & Senior Research Analyst

So maybe to start, let's touch on Q3. Solid Q3, but maybe not the same magnitude of outperformance that we're used to seeing from Shockwave and no guidance raised this past quarter. You talked about a couple of new headwinds that emerged during Q3, Aetna prior ops for claudicant patients and then some fallout from the China anticorruption initiatives. I wanted to start on U.S. peripheral reimbursement and Aetna. What

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