AngioDynamics Reports Fiscal 2020 Fourth Quarter and Full-Year Financial Results

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AngioDynamics (ANGO) Reports In-Line Q4 EPS, Revenues Miss

July 16, 2020 7:02 AM EDT

AngioDynamics (NASDAQ: ANGO) reported Q4 EPS of ($0.06), in-line with the analyst estimate of ($0.06). Revenue for the quarter came in at $58.3 million versus the consensus estimate of $64.3 million.

Fiscal 2020 Fourth Quarter Highlights

Net sales of $58.3 million decreased 18.1% compared to the prior-year quarterGross margin declined 630 basis points year over year to 51.8%GAAP loss per share of $4.10, inclusive of approximately $4.14 of goodwill impairment; adjusted loss per share of $0.06Cash and... More