Reported Q: Q3 2024 Rev YoY: -6.9% EPS YoY: -1,845.8% Move: +4.60%
AngioDynamics Inc
ANGO
$11.37 4.60%
Exchange NASDAQ Sector Healthcare Industry Medical Instruments Supplies
Q3 2024
Published: Apr 9, 2024

Company Status Snapshot

Fast view of the latest quarter outcome for ANGO

Reported

Report Date

Apr 9, 2024

Quarter Q3 2024

Revenue

75.18M

YoY: -6.9%

EPS

-4.67

YoY: -1,845.8%

Market Move

+4.60%

Previous quarter: N/A

Follow this company to get upcoming quarter alerts automatically.

Earnings Highlights

  • Revenue of $75.18M down 6.9% year-over-year
  • EPS of $-4.67 decreased by 1% from previous year
  • Gross margin of 43.3%
  • Net income of -187.74M
  • ""This approval [for AlphaVac] opened up another large, fast-growing market for us, and we are excited to put AlphaVac in more physiciansรขโ‚ฌโ„ข hands."" - Jim Clemmer
ANGO
AngioDynamics Inc

Swipe to view all report sections

Executive Summary

In Q3 2024, AngioDynamics Inc (ANGO) reported a revenue of $66 million, a year-over-year increase of 8%, driven primarily by its Med Tech segment, which grew nearly 13%. The company made significant strategic strides, including the successful clearance from the FDA for AlphaVac to treat pulmonary embolism. This expanded indication positions AngioDynamics to capitalize on a fast-growing market segment, demonstrating the effectiveness of its focused product development strategy. Despite a challenging financial quarter highlighted by a GAAP net loss of $190.4 million, management asserts their commitment to optimizing the product portfolio and transitioning to an outsourced manufacturing model, which is expected to enhance operational margins in the longer term.

Key Performance Indicators

Revenue
Decreasing
75.18M
QoQ: -4.92% | YoY: -6.85%
Gross Profit
Decreasing
32.57M
43.33% margin
QoQ: -19.09% | YoY: -19.58%
Operating Income
Decreasing
-11.60M
QoQ: 11.60% | YoY: -117.52%
Net Income
Decreasing
-187.74M
QoQ: -546.30% | YoY: -1 879.29%
EPS
Decreasing
-4.67
QoQ: -548.61% | YoY: -1 845.83%

Revenue Trend

Margin Analysis

Historical Earnings Comparison

PeriodRevenue ($M)EPS ($)YoY GrowthReport
Q2 2026 79.43 -0.15 +17.7% View
Q1 2026 75.71 -0.26 +6.7% View
Q3 2025 72.00 -0.11 -4.2% View
Q2 2025 72.85 -0.26 -7.9% View
Q1 2025 67.49 -0.31 -14.2% View
Q3 2024 75.18 -4.67 -6.9% View