ANGIODYNAMICS INC
For the period ended Aug 31, 2024. Filed Oct 3, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Aug 31, 2024 · Filed Oct 3, 2024
ANGO$12.12+3.3%Stored close · as of Nov 9, 2026
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Consolidated Statements of Operations (unaudited)
CONSOLIDATED STATEMENTS OF OPERATIONS
(in thousands of dollars, except per share data)
| Three Months Ended | ||
|---|---|---|
| Aug 31, 2024 | Aug 31, 2023 | |
| Net sales | $67,491 | $78,679 |
| Cost of sales (exclusive of intangible amortization) | 30,767 | 38,619 |
| Gross profit | 36,724 | 40,060 |
| Operating expenses: | ||
| Research and development | 6,285 | 7,941 |
| Sales and marketing | 25,605 | 27,368 |
| General and administrative | 10,975 | 10,856 |
| Amortization of intangibles | 2,570 | 3,625 |
| Change in fair value of contingent consideration | 76 | (130) |
| Acquisition, restructuring and other items, net | 4,311 | 3,212 |
| Total operating expenses | 49,822 | 52,872 |
| Gain on sale of assets | — | 47,842 |
| Operating income (loss) | (13,098) | 35,030 |
| Other expense: | ||
| Interest income, net | 606 | 119 |
| Other expense, net | (173) | (288) |
| Total other income (expense), net | 433 | (169) |
| Income (loss) before income tax benefit | (12,665) | 34,861 |
| Income tax expense (benefit) | 133 | (11,023) |
| Net income (loss) | $(12,798) | $45,884 |
| Earnings (loss) per share | ||
| Basic | $(0.31) | $1.15 |
| Diluted | $(0.31) | $1.15 |
| Weighted average shares outstanding | ||
| Basic | 40,653 | 39,842 |
| Diluted | 40,653 | 39,968 |
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