AngioDynamics (ANGO) Q1 Earnings Top, Revenues Lag Estimates

 | Oct 04, 2019 07:03AM ET

AngioDynamics Inc. (NASDAQ:ANGO) reported first-quarter fiscal 2020 adjusted earnings per share (EPS) of 8 cents, which beat the Zacks Consensus Estimate of 4 cents. The bottom line increased significantly from the year-ago quarter’s 2 cents.

Revenues of this Zacks Rank #3 (Hold) company totaled $66 million, falling short of the Zacks Consensus Estimate of $67.6 million. The top line however increased 3.3% on a year-over-year basis. Organically, the figure fell 1%.

Geographical Analysis

In the quarter under review, U.S. net revenues totaled $52.9 million, up 2.8% year over year.

International revenues summed $13.1 million, up 5.3%.

AngioDynamics, Inc. Price, Consensus and EPS Surprise

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The Zacks Consensus Estimate for DENTSPLY SIRONA’s third-quarter fiscal 2019 revenues is pegged at $943.2 million, suggesting 1.6% growth from the prior-year reported figure. The same for adjusted EPS stands at 49 cents, implying a 29% improvement from the year-ago reported number.

The Zacks Consensus Estimate for Stryker’s third-quarter 2019 revenues is pegged at $3.58 billion, indicating a 10.5% rise from the year-ago reported figure. The same for adjusted EPS stands at $1.91, suggesting 13% growth from the year-earlier quarter's reported figure.

The Zacks Consensus Estimate for Varian’s fourth-quarter fiscal 2019 revenues is pegged at $853.3 million, showing a year-over-year increase of 6.4%. The same for adjusted EPS stands at $1.21, indicating an increase of 4.3% from the year-ago reported figure.

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