Avanos Medical: Fourth Quarter Earnings Overview

Avanos Medical Announces Fourth Quarter Financial Results

Avanos Medical, headquartered in Alpharetta, Georgia, disclosed a net loss of $1.3 million for the fourth quarter.

The company reported a per-share loss of 3 cents during this period. When excluding certain one-time items, adjusted earnings reached 29 cents per share.

Total revenue for the quarter amounted to $180.9 million.

Looking at the full year, Avanos Medical reduced its net loss to $72.9 million, or $1.57 per share, with annual revenue totaling $701.2 million.

Since the start of the year, Avanos Medical’s stock price has risen by 36%. Over the past twelve months, however, shares have dipped just over 1%.

Financial data provided by Zacks Investment Research and compiled by Automated Insights.