AngioDynamics Reports Fiscal 2020 First Quarter Financial Results
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: Business Wire
Fiscal 2020 First Quarter HighlightsNet sales of $66.0 million, an increase of 3.3% year over year Gross margin increased 170 basis points year over year to 57.9%GAAP loss per share of $0.03; adjusted earnings per share of $0.08 LATHAM, N.Y.--(BUSINESS WIRE)--AngioDynamics, Inc. (NASDAQ: ANGO), a leading provider of innovative, minimally invasive medical devices for vascular access, peripheral vascular disease, and oncology, today announced financial results for the first quarter of fiscal year 2020, which ended August 31, 2019.“Our top-line and gross-margin performance in the quarter was in line with our expectations,” commented Jim Clemmer, President and Chief Executive Officer of AngioDynamics, Inc. “We continue to build momentum and remain focused on driving growth by creating a suite of disruptive and differentiated technology. The divestiture of the NAMIC Fluid Management business allowed us to begin the year with a strong balance sheet, enabling strategic acquisitions like E
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