AngioDynamics Stock Up on Q2 Earnings Beat, Gross Margin Declines
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AngioDynamics (ANGO) reported strong top-line results for Q2 fiscal 2025, driven by its Med Tech business. Despite the earnings beat, the company experienced a decline in gross margins.
January 09, 2025 | 4:00 pm
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AngioDynamics reported strong Q2 fiscal 2025 results, driven by its Med Tech business, leading to an earnings beat. However, the company faced a decline in gross margins.
The earnings beat is a positive indicator for AngioDynamics, likely boosting investor confidence and stock price in the short term. However, the decline in gross margins could be a concern for long-term profitability.
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