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 (formerly Halyard Health)
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, […]
Avanos Medical up on Street-beating Q2 results
Avanos Medical (NYSE:AVNS) posted second-quarter results today that beat the consensus on Wall Street. The Alpharetta, Ga.-based company reported profits of $86.5 million, or -6¢ per share, on sales of $163.7 million for the three months ended June 30, for a bottom-line loss of -12.4% sales loss of -4.9% compared with Q2 2019. Adjusted to exclude […]
MedTech 100 roundup: Stocks open strong in May
Medtech stocks took a dip as April came to a close, but opened May with a strong week as the COVID-19 pandemic continues to affect the economy. MassDevice’s MedTech 100 Index — which includes stocks of the world’s largest medical device companies — sat at 83.98 points at the end of last week (May 8). That […]
Avanos up on Street-beating Q1
Avanos Medical (NYSE:AVNS) shares ticked up today on first-quarter results that topped the consensus forecast. The Alpharetta, Ga.-based company posted profits of $3.7 million, or 8¢ per share, on sales of $180.4 million for the three months ended March 31, 2020, recording profits after a $20.3 million loss this time last year on sales growth of […]
Avanos Medical appoints new chief financial officer
Avanos Medical (NYSE:AVNS) today said it appointed Michael Greiner as senior VP and chief financial officer, effective Jan. 1. Greiner will be responsible for the Alpharetta, Ga.-based company’s global finance and information technology organizations. He will report to CEO Joe Woody. Prior to joining Avanos Medical, Greiner served as executive VP and CFO of AngioDynamics. He […]
Avanos Medical shares down nearly 22% on Q3 losses
Avanos Medical (NYSE:AVNS) shares sunk today on third-quarter results that came up short of Wall Street’s projections. The Alpharetta, Ga.–based company posted losses of -$11.5 million, or -24¢ per share, on sales of $171.4 million for the three months ended Sept. 30, sliding on last year’s $4.2 million Q3 profit on sales growth of 3.8%. Adjusted […]
