BUZZ-Avanos Medical rises on Q4 sales beat
ReutersFeb 26, 2025 6:14 PM
Shares of medical device maker Avanos Medical AVNS.N rise 4% to $16.18 in afternoon trade
Company posts quarterly sales of $179.6 million on strong sales of pediatric feeding solutions, beating analysts' estimate of $177.3 million, according to data compiled by LSEG
Company posts fourth-quarter adjusted profit of 42 cents per share, slightly above analysts' estimate of 40 cents per share
Company posts 2025 adjusted profit between $1.05 to $1.25 per share, below analysts' estimate of $1.70 per share
In the last 12 months, AVNS has fallen 19.3%
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