AngioDynamics (ANGO) Misses Q1 EPS by 2c, Revenues Beat; Offers FY19 Revenue Outlook Above Consensus

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AngioDynamics Reports Fiscal 2019 First Quarter Financial Results

September 27, 2018 7:00 AM EDT

Fiscal 2019 First Quarter Highlights

Net sales of $85.3 million, flat versus prior year Gross margin expanded 380 basis points year over year to 52.1% GAAP EPS of $(0.01) per share; adjusted EPS of $0.16 per share Cash used in operations of $8.9 million; capital expenditures of $0.7 million Announced two acquisitions as part of the Companys strategic focus on building a continuum of care within the oncology space; BioSentry Tract Sealant System technology from Surgical Specialties, LLC... More