Why AngioDynamics Stock Is Crashing Today
Shares of (NASDAQ: ANGO) were crashing 17.1% lower as of 10:43 a.m. ET on Thursday. The steep sell-off came after the medical technology company announced its fiscal 2025 first-quarter update.
AngioDynamics reported fiscal Q1 net sales of $67.5 million, up 1.1% year over year. This result was a little lower than the average analysts' revenue estimate of $67.93 million.
The company posted a net loss of $12.8 million, or $0.31 per share, based on generally accepted accounting principles (GAAP). Its adjusted net loss was $4.4 million, or $0.11 per share -- better than the consensus estimate of an adjusted loss of $0.15 per share.
Source Fool.com
Angiodynamics Inc. Stock
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-0.580%
With 0 Sell predictions and 1 Buy predictions the community sentiment towards the Angiodynamics Inc. stock is not clear.
With a target price of 13 € there is a hugely positive potential of 51.16% for Angiodynamics Inc. compared to the current price of 8.6 €.
