AngioDynamics posts 2019 Q1 results

AuntMinnie.com staff writers

Sep 26, 2018

Interventional technology developer AngioDynamics has posted financial results for the first quarter of 2019 (end-August 31), reporting flat sales compared with the same period last year.

The company had sales of $85.3 million, compared with $85.4 million in its first quarter of 2018. Sales for its oncology division were down 6.1%, from $12.3 million in the first quarter of 2018 to $11.6 million for the first quarter of 2019.

The firm's net loss for the period was $469,000, compared with a net loss of $35,000 during the same period in 2018.

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