AngioDynamics (ANGO) Misses Q4 EPS by 1c, Revenues Miss

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AngioDynamics Reports Fiscal 2018 Fourth Quarter and Full-Year Financial Results

July 11, 2018 7:00 AM EDT

Fiscal 2018 Fourth Quarter Highlights

Net sales of $88.3 million, an increase of 1.6% year over year Gross margin expanded 500 basis points year over year to 53.7% GAAP EPS of $0.06 per share; adjusted EPS of $0.20 per share Operating cash flow of $23.8 million; free cash flow of $23.0 million

Full-Year 2018 Highlights

Net sales of $344.3 million, a decrease of 1.5% year over year Gross margin expanded 100 basis points year over year to 51.4%... More