NASDAQ$ANGO

AngioDynamics Inc · Q4 2020 earnings

Q4 2020 earnings · · Investor relations

Briefing

AngioDynamics' Q4 2020 financial results were released, revealing a challenging quarter impacted by the deferral of elective procedures due to COVID-19.

AngioDynamics reported a decrease in net sales by 18.1% compared to the prior-year quarter, with net sales of $58.3 million. The company's performance was impacted by the deferral of elective procedures associated with COVID-19. Gross margin declined to 51.8%, and the company reported a GAAP loss per share of $4.10, which includes a goodwill impairment. Adjusted loss per share was $0.06. The company is focused on managing through the impacts of COVID-19 and remains focused on its long-term strategy.

  • Net sales decreased 18.1% compared to the prior-year quarter, totaling $58.3 million.
  • Gross margin declined to 51.8%, a decrease of 630 basis points year over year.
  • GAAP loss per share was $4.10, including a goodwill impairment of approximately $4.14; adjusted loss per share was $0.06.
  • Cash and cash equivalents were $54.4 million as of May 31, 2020.

Headline financials

Total Revenue

$58.3M

Previous: $96.3M-39.4%
EPS (adj)

-$0.06

Previous: $0.25-124.0%
Gross Margin

51.8%

Previous: 58.1%-10.8%
Capital Expenditures

$1.48M

Previous: $815K+81.5%
Free Cash Flow

$2.4M

Previous: $24.2M-90.1%
Net Income

-$156M

Previous: $58.9M-365.1%
Operating Income

-$156M

Previous: $11.1M-1503.3%
Gross Profit

$30.2M

Previous: $51.6M-41.5%
Cash & Equivalents

$54.4M

Previous: $228M-76.1%
Total Assets

$594M

Previous: $836M-29.0%
Stock-Based Comp

$1.59M

Previous: $2.13M-25.2%

Revenue & EPS history

AngioDynamics · Revenue · Quarterly

$58.3M

Q4 2020-39.4%vs Q4 2019
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

Due to the uncertainty surrounding the magnitude and duration of the continuing impacts of the pandemic, management will not be providing financial guidance for fiscal year 2021.

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 Q4 2020

Historical avgQ4 2020

-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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