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8-K filed January 5, 2024, 6:59 PM ET ticker ANGO CIK 0001275187
earnings confidence high sentiment negative materiality 0.85

AngioDynamics Q2 Revenue $79.1M, Per-Share Loss $0.72; Restructuring Manufacturing; SVP Resigns

ANGIODYNAMICS INC

2024-Q2 EPS reported $0.42 revenue$157,752,000

Executive movements

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Departed

David D. Helsel

Senior Vice President of Global Operations and R&D
ANGO · ANGIODYNAMICS INC
Effective
2024-01-12
Filed
January 5, 2024, 6:59 PM ET
On December 29, 2023, David D. Helsel, Senior Vice President of Global Operations and R&D, notified the Company of his intention to leave the Company, effective January 12, 2024, in order to pursue other opportunities.

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

ANGIODYNAMICS INC reported second quarter of fiscal year 2024 ended November 30, 2023 results: revenue $ 79.1 million, net income net loss of $ 29.0 million, EPS loss per share of $0.72.

Period
second quarter of fiscal year 2024 ended November 30, 2023
Revenue
$ 79.1 million
Net income
net loss of $ 29.0 million
EPS
loss per share of $0.72
Result
reported results
Exact text from the filing
Net sales for the second quarter of fiscal year 2024 were $ 79.1 million, an increase of 2.7% compared to the prior-year quarter. Foreign currency translation did not have a significant impact on the Company ' s net sales in the quarter. Med Tech net sales were $ 25.4 million, a 3.5 % increase from $24.5 million in the prior- year period. Med Tech includes the Auryon peripheral atherectomy platform, the thrombus management platform and the NanoKnife irreversible electroporation platform. Year-over-year growth was driven by Auryon sales during the quarter of $11.4 million, which increased 12.9%, and AlphaVac sales of $1.9 million, which grew 17.9%. AngioVac sales were $5.4 million in the quarter, a decline of 10.8% from the second quarter of fiscal 2023. The Company completed enrollment of its APEX-AV trial subsequent to quarter end. Med Device net sales were $ 53.7 million, a 2.3% increase from sales of $52.5 in the prior-year period. U.S. net sales in the second quarter of fiscal 2024
View on SEC.gov
Executive change SEC 8-K Item 5.02 confidence 0.95

David D. Helsel resigned as Senior Vice President of Global Operations and R&D at ANGIODYNAMICS INC.

Action
resigned
Role
Senior Vice President of Global Operations and R&D
Exact text from the filing
On December 29, 2023, David D. Helsel, Senior Vice President of Global Operations and R&D, notified the Company of his intention to leave the Company, effective January 12, 2024, in order to pursue other opportunities.
View on SEC.gov

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Source: SEC EDGAR
accession 0001140361-24-000830
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