Avanos Medical, Inc. Announces Climb In Q1 Bottom Line

Avanos Medical, Inc. (AVNS) revealed a profit for its first quarter that increased from last year

The company's earnings totaled $6.6 million, or $0.14 per share. This compares with $0.5 million, or $0.01 per share, last year.

Excluding items, Avanos Medical, Inc. reported adjusted earnings of $12.0 million or $0.26 per share for the period.

The company's revenue for the period rose 0.8% to $167.5 million from $166.1 million last year.

Avanos Medical, Inc. earnings at a glance (GAAP) :

-Earnings: $6.6 Mln. vs. $0.5 Mln. last year.
-EPS: $0.14 vs. $0.01 last year.
-Revenue: $167.5 Mln vs. $166.1 Mln last year.

-Guidance:
Full year EPS guidance: $0.75 to $0.95

by RTTNews Staff Writer

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