Avanos Medical Full Year 2024 Earnings: US$8.40 loss per share (vs US$0.21 loss in FY 2023)

Avanos Medical (NYSE:AVNS) Full Year 2024 Results

Key Financial Results

• Revenue: US$687.8m (up 2.2% from FY 2023).
• Net loss: US$386.3m (loss widened by US$376.4m from FY 2023).
• US$8.40 loss per share (further deteriorated from US$0.21 loss in FY 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Avanos Medical Earnings Insights

Looking ahead, revenue is forecast to grow 1.4% p.a. on average during the next 3 years, compared to a 7.8% growth forecast for the Medical Equipment industry in the US.

Performance of the American Medical Equipment industry.

The company's share price is broadly unchanged from a week ago.

Risk Analysis

Before we wrap up, we've discovered 1 warning sign for Avanos Medical that you should be aware of.

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