AngioDynamics, Inc.
AngioDynamics Reports Fiscal Fourth Quarter and Full Year 2009 Financial Results
Published in Surgery Litigation and Law Weekly, July 31st, 2009
AngioDynamics, Inc. (NASDAQ: ANGO), a leading provider of innovative medical devices for minimally-invasive treatment of cancer and peripheral vascular disease, reported financial results for the fiscal fourth quarter and year ended May 31, 2009. Financial results include the acquisition of Diomed assets since June 17, 2008 and the acquisition of FlowMedica assets since January 12, 2009, the dates of acquisition. In addition, the Company announced plans to establish a corporate office near Albany, N.Y.
Net sales in the fourth quarter were $52.8 million, a 13% increase over the $46.8 million reported in the fourth quarter a year ago. Gross margin in the fourth quarter...
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