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AngioDynamics, Inc. (NASDAQ:ANGO) Q4 2023 Earnings Call Transcript

Operator: Good morning, and welcome to the AngioDynamics Fourth Quarter and Fiscal Year 2023 Earnings Call. At this time, all participants are in a listen-only mode. ....

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AngioDynamics Reports Fiscal Year 2023 Fourth Quarter and Full-Year Financial Results; Issues Fiscal Year 2024 Guidance

Fiscal Year 2023 Fourth Quarter Highlights

Net sales of $91.1 million increased 4.7% compared to the prior-year quarter

Med Tech net sales of $26.5 million increased 17.2%

Med Device net sales of $64.6 million increased 0.3%

Gross margin of 50.9% declined 250 basis points year over year

GAAP loss per share of $0.54, inclusive of a goodwill impairment of $14.5 million, or $0.37 per share, in connection with the transaction announced on June 8, 2023

Adjusted earnings per share of $0.02

Cash and cash equivalents at May 31, 2023 were $44.6 million

On June 8, 2023, the Company completed the sale of its Dialysis and BioSentry Tract Sealant System Biopsy businesses to Merit Medical Systems, Inc. for $100 million in cash

Subsequent to quarter end, the Company completed enrollment in its PRESERVE study for the treatment of prostate cancer with NanoKnife< ....

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AngioDynamics Announces Sale of Dialysis Product Portfolio and BioSentry Product to Merit Medical Systems for $100 Million

Announces preliminary Fiscal Year 2023 net sales in the range of $338 million to $339 million

. | June 8, 2023 ....

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FemInnovation Launches to Revolutionize Women's Health with Innovation ...

FemInnovation Launches to Revolutionize Women s Health with Innovation . ....

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AngioDynamics (ANGO) Announces Sale of Dialysis Product Portfolio and BioSentry Product to Merit Medical Systems (MMSI) for $100 Million

AngioDynamics (ANGO) Announces Sale of Dialysis Product Portfolio and BioSentry Product to Merit Medical Systems (MMSI) for $100 Million
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