Angiodynamics Inc: Quarterly report
AngioDynamics grew revenue and expanded gross margins in the first quarter of fiscal 2027 while reducing its net loss.
Mixed for the companyWhat the numbers say
Revenue rose 6.9% to $80.9M versus the same quarter last year (6.6% down on the previous quarter); operating margin widened from -14.1% to -9.0%; diluted EPS -$0.17 versus -$0.26; cash fell by $19.9M to $34M; diluted share count up 2.1% (dilution).
What happened
- Revenue increased by 6.9% to $80.9 million, led by 13.2% growth in the Med Tech segment.
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