AngioDynamics (ANGO) Tops Q2 EPS by 5c, Revenues Beat; Offers FY19 EPS/Revenue Outlook

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AngioDynamics Reports Fiscal 2019 Second Quarter Financial Results

January 4, 2019 7:00 AM EST

Fiscal 2019 Second Quarter Highlights

Net sales of $91.5 million, an increase of 5.5% year over year Gross margin expanded 440 basis points year over year to 53.7% GAAP EPS of $0.06 per share; adjusted EPS of $0.22 per share Cash provided by operations of $13.0 million; capital expenditures of $0.7 million Announced the acquisition of RadiaDyne and its proprietary OARtrac® radiation dose monitoring platform to build the Companys continuum of care within the oncology space

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