AngioDynamics (ANGO) Divests Its PICC & Midline Businesses [Yahoo! Finance]
AngioDynamics, Inc. (ANGO)
Last angiodynamics, inc. earnings: 4/7 07:00 am
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US:NASDAQ Investor Relations:
investors.angiodynamics.com/investor-relations
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Source: Yahoo! Finance
AngioDynamics' PICC, Midline, and tip location products are the subject of the transaction. During AngioDynamics' fiscal 2023, the combined portfolio of products contributed more than $43.5 million in revenues annually. Price Performance For the past six months, ANGO's shares have declined 28.1% against the industry's rise of 7.8%. The S&P 500 increased 13.1% in the same time frame. Image Source: Zacks Investment Research More on the News AngioDynamics PICC and Midline product portfolio formed part of the medical devices segment of the company and featured products like BioFlo PICC, BioFlo Midline Catheters, MedComp PICC and Medcomp Midline. In an effort to further simplify its product line, the company also declared that it has stopped supplying its Uniblate and Starburst Radio Frequency devices as well as its Syntrax support catheter goods. A little over $5.5 million in sales were generated by these goods in AngioDynamics fiscal 2023. This divestment demonstrates the
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ANGO
Earnings
- 4/4/24 - Miss
ANGO
Sec Filings
- 4/9/24 - Form 10-Q
- 4/8/24 - Form 4
- 4/4/24 - Form 8-K
- ANGO's page on the SEC website