AngioDynamics shares are trading lower the company issued better than expected guidance for FY24 EPS loss.
Portfolio Pulse from Benzinga Newsdesk
AngioDynamics has issued a higher than expected guidance for FY24 EPS loss, leading to a decrease in its share prices.
July 12, 2023 | 11:58 am
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AngioDynamics' shares are trading lower due to the company's higher than expected guidance for FY24 EPS loss.
AngioDynamics' shares are trading lower because the company has issued a higher than expected guidance for FY24 EPS loss. This indicates that the company's financial performance might not meet investors' expectations, leading to a decrease in demand for its shares.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100