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Apr 2, 2025 5:00 PM - Andrew Wynn(Last modified: Apr 3, 2025 3:46 PM)
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AngioDynamics Inc. (NASDAQ:ANGO), a leading medical technology company, is renowned for its innovative solutions aimed at improving blood flow, expanding cancer treatment options, and enhancing patient quality of life. Operating within the Zacks Medical - Instruments industry, AngioDynamics is committed to transformative healthcare.
On April 2, 2025, ANGO unveiled its earnings, showcasing an earnings per share (EPS) of -$0.11, which surpassed the estimated EPS of -$0.13. This performance aligns with the company's history of exceeding expectations. In the preceding quarter, ANGO reported an adjusted EPS of $0.03, significantly outperforming the Zacks Consensus Estimate of a $0.13 loss per share, resulting in an impressive earnings surprise of 123.08%.
The company reported revenue of $72 million, slightly below the forecasted $74.2 million. Nevertheless, this figure represents a 9.2% increase compared to the previous year, surpassing the expected $70.3 million. Despite a minor decline from the $75.18 million reported in the same quarter the previous year, ANGO has consistently beaten consensus revenue estimates in three of the last four quarters.
ANGO's financial metrics highlight some challenges, with a negative price-to-earnings (P/E) ratio of -10.89 and an earnings yield of approximately -9.18%. These figures indicate negative earnings, yet the price-to-sales ratio of 1.58 suggests that investors are willing to pay $1.58 for every dollar of the company's sales. Moreover, the enterprise value to sales ratio of 1.42 offers insights into the company's valuation relative to its sales.
The company's current ratio of approximately 2.21 demonstrates a robust ability to cover short-term liabilities with short-term assets. This financial stability, coupled with ANGO's consistent track record of surpassing earnings and revenue estimates, has contributed to an optimistic annual guidance for AngioDynamics.
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