AngioDynamics (ANGO) Tops Q3 EPS by 4c, Reaffirms FY Guidance

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AngioDynamics Reports Fiscal 2022 Third Quarter Financial Results; Reaffirms Fiscal Year 2022 Guidance

April 7, 2022 7:00 AM EDT

Fiscal 2022 Third Quarter Highlights

Net sales of $74.0 million increased 3.9% compared to the prior-year quarter Med Tech grew 28.6% and Med Device declined 2.8% year over year Gross margin of 52.2% declined 190 basis points year over year GAAP loss per share of $0.13 and adjusted earnings per share of $0.03 Subsequent to quarter end: the Company enrolled the first patients in its PRESERVE study for the use of NanoKnife in prostate; the Company received FDA approval for its... More