Avanos Medical (NYSE:AVNS) shares ticked up today on first-quarter results that just about matched the consensus forecast. The Alpharetta, Georgia–based pain management and chronic care device company posted profits of $5.8 million, or 12¢ per share, on sales of $197.4 million for the three months ended March 31, 2022, for a bottom-line gain from losses […]
Avanos Medical (formerly Halyard Health)
Avanos Medical ticks up as company posts Street-beating Q2, sets 2022 guidance
Avanos Medical (NYSE:AVNS) shares rose today on fourth-quarter results that came in ahead of the consensus forecast. The Alpharetta, Georgia-based company posted profits of $10 million, or 21¢ per share, on sales of $193.4 million for the three months ended Dec. 31, 2021, for a bottom-line gain out of the red on sales growth of 4.5%. […]
Baxter, 3M, Abbott near the top of Newsweek’s most responsible companies list
Several medtech, healthcare and life sciences companies, including big names like Abbott (NYSE:ABT), 3M (NYSE:MMM) and Baxter (NYSE:BAX), are among the 500 “most responsible,” according to Newsweek. The outlet published its “America’s Most Responsible Companies 2022” list, marking the third installment of the compilation (in partnership with Statista), this time expanded to include 500 of […]
Avanos Medical misses on Q3 revenue, EPS projections
Avanos Medical (NYSE:AVNS) posted third-quarter revenues and earnings that finished shy of projections on Wall Street. The Alpharetta, Georgia-based company posted losses of -$35.1 million, or -73¢ per share, on sales of $184.1 million for the three months ended Sept. 30, 2021, seeing its bottom line plummet from profits of $19.3 million this time last […]
Avanos Medical posts mixed bag Q2, lowers guidance
Avanos Medical (NYSE:AVNS) stock was down today on second-quarter results that were mixed compared to the consensus forecast. The Alpharetta, Ga.-based company posted profits of $37.9 million, or 78¢ per share, on sales of $186.4 million for the three months ended June 30, 2021, taking its bottom line out of the red on sales growth […]
MedTech 100 roundup: Industry continues climb
One week after hitting an all-time best mark, the medtech industry has done it again, reaching new heights on Wall Street. MassDevice‘s MedTech 100 Index — which includes stocks of the world’s largest medical device companies — continued its rise, finishing the week (July 9) at 114.79 points, a rise of 0.2% from the 114.59-point mark […]
Avanos Medical names senior VP, general counsel
Avanos Medical (NYSE:AVNS) today said it has appointed Moji James as senior VP and general counsel. James will be responsible for the Alpharetta, Ga.-based company’s legal, government relations and global security functions. Prior to joining the company, James most recently served as executive VP, chief legal and compliance officer for Tmunity Therapeutics. She has also held […]
Avanos Medical to pay more than $22M to resolve criminal charges with DOJ
The U.S. Justice Dept. announced that Avanos Medical (NYSE:AVNS) agreed to pay more than $22 million to resolve a criminal charge related to fraudulent misbranding. Charges levied against the Alpharetta, Ga.-based medical device company relate to alleged fraudulent misbranding of its MicroCool surgical gowns. According to a DOJ news release, criminal information filed on July […]
Avanos Medical beats The Street in Q1 results
Avanos Medical (NYSE:AVNS) posted first-quarter results today that beat the overall consensus on Wall Street. The Alpharetta, Ga.–based company reported losses of -$7.6 million, or -16¢ per share, on sales of $180.7 million for the three months ended March 31, 2021 — versus a profit of nearly $4 million, or 8¢ per share compared with Q1 […]
Avanos Medical rises on Street-beating Q4 results
Avanos Medical (NYSE:AVNS) posted fourth-quarter results that beat the consensus forecast on Wall Street. The Alpharetta, Ga.-based company reported losses of -$47.2 million, or -99¢ per share, on sales of $185 million for the three months ended Dec. 31, 2020, for a sales loss of 2.53% compared with Q4 2019. Adjusted to exclude one-time items, earnings […]
Avanos Medical dips on Street-beating Q3 earnings
Avanos Medical (NYSE:AVNS) this week posted third-quarter results that beat the consensus on Wall Street. The Alpharetta, Ga.-based company reported profits of $19.3 million, or 40¢ per share, on sales of $185.7 million for the three months ended Sept. 30, 2020, for a sales growth of 8.3% compared with Q3 2019. Adjusted to exclude one-time items, […]
