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Thursday, Oct 6
2011, 4:33 PM
AngioDynamics (ANGO) FQ1 meets EPS expectations and beats on revenue. Oncology/Surgery sales...
AngioDynamics (ANGO) FQ1 meets EPS expectations and beats on revenue. Oncology/Surgery sales were up 15% Y/Y due to a 105% Y/Y jump in NanoKnife System sales. Current quarter guidance was mixed, with the company saying it expects an EPS of $0.09 to $0.11 on revenues in the range of $55.5M to $57.5M, versus analysts expectations for $56M in sales and an EPS of $0.12. Separately, the company announces a $20M share buyback.