Brief: AngioDynamics To Sell Dialysis Product Portfolio, Biosentry Product For $100 Mln

Merit Medical Systems

08/06/2023 21:04

June 8 (Reuters) - AngioDynamics Inc  ANGO.O :
    * ANGIODYNAMICS ANNOUNCES SALE OF DIALYSIS PRODUCT PORTFOLIO
AND
BIOSENTRY PRODUCT TO MERIT MEDICAL SYSTEMS FOR $100 MILLION
    * ANGIODYNAMICS INC - PRELIMINARY FISCAL YEAR 2023 NET SALES
IN
RANGE OF $338 MILLION TO $339 MILLION
    * ANGIODYNAMICS INC - TRANSACTION WILL BE DILUTIVE TO
ADJUSTED
EARNINGS PER SHARE AND IS EXPECTED TO BE SLIGHTLY DILUTIVE TO
CORPORATE GROSS MARGINS

Source text for Eikon:  ID:nBw9fxd6Ma 
Further company coverage:  ANGO.O 

 ((Reuters.Briefs@thomsonreuters.com;))