AngioDynamics (ANGO) Reports In-Line Q4 EPS, Offers Guidance

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AngioDynamics Reports Fiscal Year 2022 Fourth Quarter and Full-Year Financial Results; Issues Fiscal Year 2023 Guidance

July 12, 2022 7:00 AM EDT

Fiscal Year 2022 Fourth Quarter Highlights

Net sales of $87.0 million increased 13.2% compared to the prior-year quarter Gross margin of 53.4% declined 170 basis points year over year GAAP loss per share of $0.16 and adjusted earnings per share of $0.01 Cash and cash equivalents at May 31, 2022 were $28.8 million

Full-Year 2022 Highlights

Net sales of $316.2 million increased 8.7% year over year Gross margin declined 150 basis points year over year to 52.4% GAAP loss per share of $0.68 and adjusted earnings per... More