NASDAQ$ANGO

AngioDynamics Inc · Q1 2021 earnings

Q1 2021 earnings · · Investor relations

Briefing

AngioDynamics reported a net sales increase of 6.3% compared to the prior-year quarter, with a GAAP loss per share of $0.11 and adjusted earnings per share of $0.02.

AngioDynamics reported a strong first quarter with net sales of $70.2 million, a 6.3% increase compared to the prior-year quarter. The company's gross margin was 50.9%, and they reported a GAAP loss per share of $0.11 and adjusted earnings per share of $0.02. They expect fiscal year 2021 net sales between $278 and $284 million and fiscal year 2021 adjusted earnings per share between $0.00 and $0.05.

  • Net sales increased by 6.3% to $70.2 million compared to the prior-year quarter, including a $5.2 million order from the UK's National Health Service (NHS).
  • Gross margin decreased to 50.9%, a decline of 700 basis points year over year.
  • GAAP loss per share was $0.11, while adjusted earnings per share were $0.02.
  • Cash and cash equivalents were $47.9 million as of August 31, 2020, compared to $54.4 million on May 31, 2020.

Headline financials

Total Revenue

$70.2M

Previous: $66M+6.3%
EPS (adj)

$0.02

Previous: $0.08-75.0%
Gross Margin

50.9%

Previous: 57.9%-12.1%
Capital Expenditures

-$1.82M

Previous: -$1.39M-31.1%
Free Cash Flow

-$6.09M

Previous: -$2.67M-128.5%
Net Income

-$4.27M

Previous: -$1.28M-234.7%
Operating Income

-$5.12M

Previous: -$828K-518.6%
Gross Profit

$35.8M

Previous: $38.2M-6.4%
Cash & Equivalents

$47.9M

Previous: $83.6M-42.7%
Total Assets

$584M

Previous: $690M-15.4%
Stock-Based Comp

$1.86M

Previous: $1.98M-6.0%

Revenue & EPS history

AngioDynamics · Revenue · Quarterly

$70.2M

Q1 2021+6.3%vs Q1 2020
Beat estimate in 9 of 16 quarters(56%)
ActualEstimate

Revenue by segment

AngioDynamics · $78.7M total across 2 segments · Q1 2024

  • Med Device
    $52.8M-10.0%
  • Med Tech
    $25.9M+13.4%

Forward guidance

The Company expects fiscal year 2021 net sales to be in the range of $278 to $284 million and fiscal year 2021 adjusted earnings per share to be in the range of $0.00 to $0.05.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q1 2021

Historical avgQ1 2021

-0.9%

Avg return

Earnings day

-2.4%

Avg return

5 days after

-3.7%

Avg return

30 days after

43%

28 / 65 earnings

Positive

+30.9%

Q2 2025

Best reaction

-26.2%

Q1 2023

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q3 2026+5.0%-5.0%
Q2 2026-13.5%-25.5%-24.0%
Q1 2026+6.1%-0.2%+8.7%
Q4 2025-10.2%-9.8%-9.3%
Q3 2025+12.4%-3.6%-3.8%
Q2 2025+30.9%+32.6%+17.4%
Q1 2025-20.3%-23.1%-12.7%
Q4 2024+24.8%+21.1%+25.8%
Q3 2024+15.6%+14.6%+3.1%
Q2 2024-17.7%-20.1%-23.5%
Q1 2024-5.9%-7.2%-10.4%
Q4 2023-2.5%-3.8%-16.1%
Q3 2023-17.1%-23.3%-33.3%
Q2 2023+11.5%-1.0%-1.3%
Q1 2023-26.2%-38.0%-34.8%
Q4 2022+4.4%+6.4%+21.3%
Q3 2022+9.8%+7.2%-8.7%
Q2 2022-15.5%-15.5%-25.8%
Q1 2022+12.6%+17.8%+22.4%
Q4 2021-7.0%-8.6%-3.9%
Q3 2021+12.3%+11.1%+16.3%
Q2 2021+14.7%+14.2%+24.7%
Q1 2021+13.0%+7.8%-0.1%
Q4 2020-11.5%-11.8%-12.7%
Q3 2020-2.7%+2.3%-0.6%
Q2 2020-9.2%-11.3%-17.0%
Q1 2020-17.6%-17.6%-13.7%
Q4 2019+6.8%+6.2%-4.8%
Q3 2019-7.7%-8.2%-18.4%
Q2 2019+6.7%+6.7%+8.6%
Q1 2019-10.3%-12.9%-17.0%
Q4 2018-9.2%-7.8%-5.4%
Q3 2018+3.2%+8.9%+16.4%
Q2 2018-1.8%-0.1%+5.1%
Q1 2018-8.9%-9.1%-8.4%
Q4 2017-5.9%-3.5%+5.1%
Q3 2017+0.3%-1.3%-10.2%
Q2 2017+1.7%+3.2%-2.5%
Q1 2017-4.5%-0.1%-8.4%
Q4 2016+10.6%+14.1%+8.4%
Q3 2016-2.1%
Q2 2016-8.7%
Q1 2016-8.8%
Q4 2015-2.3%
Q3 2015-6.1%
Q2 2015-0.9%
Q1 2015+3.8%
Q4 2014-5.0%
Q3 2014-1.5%
Q2 2014+6.1%
Q1 2014+5.3%
Q4 2013+1.3%
Q3 2013-7.4%
Q2 2013-2.4%
Q1 2013-8.8%
Q4 2010-0.9%
Q4 2012+4.0%
Q3 2011-1.3%
Q3 2012-1.3%
Q2 2012-5.7%
Q2 2011-5.7%
Q1 2011+3.5%
Q4 2011+3.5%
Q1 2012+3.5%
Q3 2010+0.4%

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