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AngioDynamics Inc. shares fall 4.26% despite beating estimates

Investing.com +1 ·

ANGO
ANGO Angiodynamic Inc
$11.23 -20.86%
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  1. 1AngioDynamics Inc. reported revenue of $80.9 million for the first quarter of fiscal year 2027.
  2. 2AngioDynamics Inc.'s adjusted net loss per share of $0.04 for the first quarter of fiscal year 2027 beat the analyst consensus estimate of a $0.11 net loss per share.
  3. 3Medical technology segment revenue grew 13.2% to $39.9 million, marking the eighth consecutive quarter of double-digit growth.

So what's the key point?

AngioDynamics Inc. reported a smaller loss than experts expected. Despite the positive results, the stock price fell 4.26%.

Source Investing.com +1 · View original ↗

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