AngioDynamics Stock Rises 8% On Narrower Q1 Loss

Core Insights - AngioDynamics, Inc. (ANGO) experienced an 8.08% increase in stock price, reaching $11.97, following the announcement of a narrower quarterly loss and revenue exceeding expectations in the first quarter [1] Financial Performance - The company reported a net loss of $10.9 million, or $0.26 per share, which is an improvement from a loss of $12.8 million, or $0.31 per share, in the same quarter last year [1] - Revenue increased by 12.2%, amounting to $75.7 million compared to $67.5 million a year ago [1] Stock Market Activity - Shares traded within a range of $11.35 to $12.76, compared to a previous close of $11.07 on the Nasdaq [2] - Trading volume surged to 1.99 million shares, significantly higher than the average volume of 534,634 shares [2] - The stock is currently within its 52-week range of $5.83 to $13.50 [2]