ALPHARETTA, Ga. (AP) — ALPHARETTA, Ga. (AP) — Avanos Medical, Inc. (AVNS) on Wednesday reported a fourth-quarter loss of $397.3 million, after reporting a profit in the same period a year earlier.
On a per-share basis, the Alpharetta, Georgia-based company said it had a loss of $8.64. Earnings, adjusted for one-time gains and costs, came to 43 cents per share.
The medical technology company posted revenue of $179.6 million in the period.
For the year, the company reported that its loss widened to $392.1 million, or $8.53 per share. Revenue was reported as $687.8 million.
Avanos Medical expects full-year earnings in the range of $1.05 to $1.25 per share, with revenue in the range of $665 million to $685 million.
Avanos Medical shares have decreased slightly more than 2% since the beginning of the year. The stock has dropped 19% in the last 12 months.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on AVNS at https://www.zacks.com/ap/AVNS
免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。