BUZZ-Angiodynamics up after annual sales forecast raise

Reuters01-06
BUZZ-<a href="https://laohu8.com/S/ANGO">Angiodynamics</a> up after annual sales forecast raise

** Shares of medical device maker Angiodynamics ANGO.O rise about 8% to $14.28 in premarket trading

** Co lifts FY2026 net sales forecast in the range of $312 million to $314 million from prior expectations of $308 million to $313 million

** Also raises annual adjusted EBITDA between $8 million to $10 million, compared with a previous range of $6 million to $10 million

** Co reports Q2 net loss of $6.4 million vs net loss of $10.7 million last year

** Jim Clemmer will retire as president and CEO during FY2027 once the company appoints a successor

** ANGO stock up ~40% in 2025

(Reporting by Sanskriti Shekhar in Bengaluru)

((Sanskriti.Shekhar@thomsonreuters.com))

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