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AngioDynamics: Fiscal 4Q Earnings Snapshot

July 11, 2018

LATHAM, N.Y. (AP) _ AngioDynamics Inc. (ANGO) on Wednesday reported fiscal fourth-quarter net income of $2.1 million, after reporting a loss in the same period a year earlier.

The Latham, New York-based company said it had profit of 6 cents per share. Earnings, adjusted for one-time gains and costs, were 20 cents per share.

The medical device maker posted revenue of $88.3 million in the period.

For the year, the company reported profit of $16.3 million, or 44 cents per share. Revenue was reported as $344.3 million.

AngioDynamics expects full-year earnings in the range of 82 cents to 86 cents per share, with revenue in the range of $344 million to $349 million.

AngioDynamics shares have climbed 36 percent since the beginning of the year. The stock has risen 42 percent in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ANGO at https://www.zacks.com/ap/ANGO

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