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Nov 30, 2024
AngioDynamics Q2 2025 Earnings Report
Achieved strong performance driven by Med Tech segment growth and key milestones for NanoKnife System.
Key Takeaways
AngioDynamics reported a 9.2% increase in net sales to $73.0 million, driven by a 25% increase in Med Tech sales. The company achieved adjusted EBITDA of $3.1 million and a GAAP loss per share of $(0.26). They also received CPT Category I Codes for IRE and FDA 510(k) clearance for NanoKnife Prostate Tissue Ablation.
Net sales increased by 9.2% to $73.0 million.
Med Tech net sales grew by 25.0% to $31.5 million.
Received CPT Category I Codes for Irreversible Electroporation (IRE).
Received FDA 510(k) clearance for NanoKnife Prostate Tissue Ablation.
Revenue by Segment
Revenue by Geographic Location
Forward Guidance
AngioDynamics provided fiscal year 2025 financial guidance, expecting net sales to be in the range of $282 to $288 million, Med Tech net sales to grow in the range of 12% to 15%, and Med Device net sales to be flat. Adjusted EBITDA is expected to be in the range of $1.0 to $3.0 million, and Adjusted loss per share in the range of $0.34 to $0.38.
Positive Outlook
- Net sales expected to be in the range of $282 to $288 million, representing growth of between 4.2% – 6.4% over fiscal 2024 pro forma revenue of $270.7 million
- Med Tech net sales to grow in the range of 12% to 15%, an increase from 10% to 12%
- Adjusted EBITDA in the range of $1.0 to $3.0 million, an increase from the previous guidance of a loss of $2.5 million to $0
- Adjusted loss per share in the range of $0.34 to $0.38, an improvement from the previous guidance of a loss per share of $0.38 to $0.42
- Gross margin to be approximately 52% to 53%
Challenges Ahead
- Med Device net sales to be flat, a decrease from 1% to 3%
- Expecting to utilize cash in the third fiscal quarter
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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