TASE:SOFWMedical Equipment
SofWave Medical (TASE:SOFW) Stock Sees Profit Strength Meet Premium Valuation
SofWave Medical went into this earnings print with a bruised share price, down over the past week, month and quarter, and a premium P/E near 52x that already asked a lot from the story. The market closed yesterday with the stock at ₪38.5. The headline from Q2 is simple: the company is now putting real profits behind that rich multiple.
Revenue for the quarter came in at US$29.961 million and basic earnings per share were US$0.06932. Both figures point to a business that is now consistently...