AngioDynamics Inc. (NASDAQ: ANGO) Thursday reported a internet loss for the primary quarter of 2025. The medical system firm’s revenues decreased by double-digit throughout the three months.
Web loss, excluding particular objects, was $0.11 per share within the August quarter, in comparison with a lack of $0.12 per share within the corresponding interval of 2024. On an unadjusted foundation, internet loss narrowed to $12.8 million or $0.31 per share in Q1 from $45.9 million or $1.15 per share within the prior-year quarter.
Revenues, on a reported foundation, decreased 14% year-over-year to $67.5 million within the first quarter. The corporate expects fiscal 2025 gross sales to be within the vary of $282 million to $288 million.
Commenting on the outcomes, AngioDynamics’ CEO Jim Clemmer stated, “We anticipate to proceed to ship robust income development inside our Med Tech enterprise as we execute on key business initiatives. We stay targeted on executing our development technique and advancing our revolutionary product portfolio.”
