ALPHARETTA, Ga. (AP) — ALPHARETTA, Ga. (AP) — Avanos Medical, Inc. (AVNS) on Tuesday reported a loss of $1.3 million in its fourth quarter.
The Alpharetta, Georgia-based company said it had a loss of 3 cents per share. Earnings, adjusted for one-time gains and costs, were 29 cents per share.
The medical technology company posted revenue of $180.9 million in the period.
For the year, the company reported that its loss narrowed to $72.9 million, or $1.57 per share. Revenue was reported as $701.2 million.
Avanos Medical shares have climbed 36% since the beginning of the year. The stock has declined slightly more than 1% in the last 12 months.
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