This was not a "new theory" that was competing with any "old theories". It was a tentative model in a regime where no previous theory existed, and it was never claimed to cover anything outside that limited regime. It wasn't competing with any other theories, because there were no other theories to compete with. The question of whether or not Schrodinger's model reproduced the predictions of the "old" theory never arose, because there was no "old" theory. (Technically, there was a sort of "old" theory of the hydrogen atom--Bohr's model--but Schrodinger's model did reproduce all of its correct predictions, plus it added more correct predictions of things that the Bohr model got wrong.)
The position with regard to gravitational waves is very different; we already have a comprehensive, fundamental theory--General Relativity--that explains them. Any alternative theory that only explained GWs, and didn't also explain all the other experimental results that GR explains, would be a nonstarter.
> Larmor's older theory (1897)
This wasn't a separate "theory" at all; it was just a derivation of a particular formula using an already known theory, Maxwell's Equations.