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UPDATE: AngioDynamics Posts Rise In FQ1 Revenue

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AngioDynamics (NASDAQ: ANGO) posted a loss in its fiscal first-quarter.

AngioDynamics posted a quarterly net loss of $721 million, or $0.02 per share, versus a year ago profit of $1.3 billion, or $0.05 per share. Excluding one-time items, AngioDynamics earned $0.10 per share.

Its revenue surged 53% to $83.4 million from $54.4 million. However, analysts were expecting earnings of $0.10 per share on revenue of $85.3 million.

AngioDynamics shares dipped 6.32% to $12.01 in after-hours trading.

Posted-In: lossEarnings News

 

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