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Thursday, April 7, 2022

AngioDynamics Reaffirms Fiscal Year 2022 Guidance

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 AlphaVac F18 thrombectomy system; and

    • the Company received FDA approval for its IDE study for the use of AlphaVac F18 to treat pulmonary embolism

  • https://finance.yahoo.com/news/angiodynamics-reports-fiscal-2022-third-110000276.html

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