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Thursday, October 6, 2022

AngioDynamics Misses on Quarter; Reaffirms Guidance

 Fiscal Year 2023 First Quarter Highlights

  • Net sales of $81.5 million increased 5.9% compared to the prior-year quarter

    • Med Tech net sales of $22.8 million increased 29.6%

    • Med Device net sales of $58.7 million decreased 1.1%

  • Gross margin of 51.9% declined 20 basis points year over year

  • GAAP loss per share of $0.33 and adjusted loss per share of $0.06

  • The Company commenced the Full Market Release of the AlphaVac F18 Mechanical Thrombectomy device

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