NASDAQ$ANGO

AngioDynamics Inc · Q2 2025 earnings

Q2 2025 earnings · · Investor relations

Briefing

Achieved strong performance driven by Med Tech segment growth and key milestones for NanoKnife System.

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.

Headline financials

Total Revenue

$72.8M

Previous: $79.1M-7.9%
EPS (adj)

-$0.04

Previous: -$0.72+94.4%
Gross Margin

54.8%

No prior period
Adjusted EBITDA

$3.04M

No prior period
Capital Expenditures

-$1.89M

Previous: -$1.35M-40.4%
Net Income

-$10.7M

Previous: -$29M+63.2%
Operating Income

-$11.1M

Previous: -$13.1M+15.5%
Gross Profit

$39.9M

Previous: $40.3M-0.8%
R&D Expense

$6.43M

Previous: $8.66M-25.7%
Stock-Based Comp

$2.53M

Previous: $1.88M+34.7%

Revenue & EPS history

AngioDynamics · Revenue · Quarterly

$72.8M

Q2 2025-7.9%vs Q2 2024
Beat estimate in 6 of 15 quarters(40%)
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

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.

Tailwinds

  • 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%

Headwinds

  • Med Device net sales to be flat, a decrease from 1% to 3%
  • Expecting to utilize cash in the third fiscal quarter
  • Expecting to generate cash in the fourth fiscal quarter
  • GAAP net loss of $10.7 million
  • Gross margin for the Med Device business was 47.8%, a decrease of 240 basis points compared to the second quarter of fiscal 2024 due to inflationary pressures and costs associated with the transition to outsourced manufacturing

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 Q2 2025

Historical avgQ2 2025

-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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