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Avanos Medical (formerly Halyard Health)

Avanos rises as Q1 earnings match Wall Street projections

May 4, 2022 By Sean Whooley

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 […]

Filed Under: Business/Financial News, Catheters, Drug Pumps, Drug-Device Combinations, MassDevice Earnings Roundup, Neuromodulation/Neurostimulation, Pain Management, Wall Street Beat Tagged With: Avanos Medical, Avanos Medical (formerly Halyard Health)

Avanos Medical ticks up as company posts Street-beating Q2, sets 2022 guidance

February 23, 2022 By Sean Whooley

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%. […]

Filed Under: Business/Financial News, Featured, MassDevice Earnings Roundup, Wall Street Beat Tagged With: Avanos Medical, Avanos Medical (formerly Halyard Health)

Baxter, 3M, Abbott near the top of Newsweek’s most responsible companies list

December 3, 2021 By Sean Whooley

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 […]

Filed Under: Business/Financial News, Featured, News Well Tagged With: 3m, Abbott, Amerisource Bergen, Avanos Medical (formerly Halyard Health), Baxter, BD, Biogen, Boston Scientific, Cantel Medical Corp., Cardinal Health, Edwards Lifesciences, Gilead Sciences, Henry Schein, Hillrom, Hologic, Illumina Inc., Insulet, LabCorp, Merck, Pfizer, Quest Diagnostics Inc., ResMed, Thermo Fisher Scientific, Varex Imaging, Varian Medical Systems

Avanos Medical misses on Q3 revenue, EPS projections

November 2, 2021 By Sean Whooley

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 […]

Filed Under: Business/Financial News, Featured, MassDevice Earnings Roundup, Wall Street Beat Tagged With: Avanos Medical (formerly Halyard Health)

Avanos Medical posts mixed bag Q2, lowers guidance

August 3, 2021 By Sean Whooley

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 […]

Filed Under: Business/Financial News, Featured, MassDevice Earnings Roundup, Wall Street Beat Tagged With: Avanos Medical (formerly Halyard Health)

MedTech 100 roundup: Industry continues climb

July 12, 2021 By Sean Whooley

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 […]

Filed Under: Business/Financial News, Featured, MassDevice Earnings Roundup, Mergers & Acquisitions, Wall Street Beat Tagged With: Abbott, augmedics, Avanos Medical (formerly Halyard Health), conformis, Explorer Surgical, Hyperfine, Johnson & Johnson, Liminal, MedTech 100 Index, Stryker, SurModics Inc., Vetex Medical, Wright Medical

Avanos Medical names senior VP, general counsel

July 12, 2021 By Danielle Kirsh

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 […]

Filed Under: Business/Financial News Tagged With: Avanos Medical (formerly Halyard Health)

Avanos Medical to pay more than $22M to resolve criminal charges with DOJ

July 9, 2021 By Sean Whooley

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 […]

Filed Under: Business/Financial News, Featured, Lab Instruments & Supplies, Legal News, Surgical Tagged With: Avanos Medical (formerly Halyard Health), FDA, U.S. Justice Dept. (DOJ)

Avanos Medical beats The Street in Q1 results

May 7, 2021 By Danielle Kirsh

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 […]

Filed Under: MassDevice Earnings Roundup, Pain Management, Wall Street Beat Tagged With: Avanos Medical (formerly Halyard Health)

Avanos Medical rises on Street-beating Q4 results

February 18, 2021 By Danielle Kirsh

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 […]

Filed Under: Business/Financial News, MassDevice Earnings Roundup, Wall Street Beat Tagged With: Avanos Medical (formerly Halyard Health)

Avanos Medical dips on Street-beating Q3 earnings

November 5, 2020 By Danielle Kirsh

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, […]

Filed Under: Business/Financial News, MassDevice Earnings Roundup, Wall Street Beat Tagged With: Avanos Medical (formerly Halyard Health)

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