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AngioDynamics shares plunge 20.7% following earnings release

The Motley Fool +1 ·

ANGO
ANGO Angiodynamic Inc
$11.23 -20.86%
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  1. 1AngioDynamics shares fell 20.7% before the US market opened on Thursday.
  2. 2AngioDynamics reported actual revenue of $80.9 million for the first quarter of fiscal year 2027.
  3. 3S&P Global Market Intelligence projected that the company has recorded only losses since 2020 and will struggle to turn a profit before 2029.

So what's the key point?

AngioDynamics shares dropped significantly by 20.7%. This happened because of a forecast that the company will find it difficult to make a profit before 2029.

Source The Motley Fool +1 · View original ↗

Related 3-line summaries

AngioDynamics Reports $80.9 Million in Q1 Total Revenue and Announces Management Change The Motley Fool +1 · 4h agoAngioDynamics reports $7.1 million loss in fiscal Q1 Associated Press · 9h agoAngioDynamics Inc. shares fall 4.26% despite beating estimates Investing.com +1 · 19h ago
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