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Avanos Medical Warns of 4Q, 2024 Sales Shortfalls

Por: MarketWatch Business January 04, 2024

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Analysts polled by FactSet, on average, were expecting quarterly sales of $179.3 million. Avanos attributed the sales shortfall to underperformance by its hyaluronic-acid pain-relief injection products due to pricing pressure related to Medicare reimbursement changes. The Alpharetta, Ga., company also cited lower-than-expected sales across its North America digestive-health products due to a major distributor's ordering pattern change, as... + full article



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