Avanos reports Q1 adjusted EPS 26c vs. 22c last year

Reports Q1 revenue $167.5M vs. $166.1M last year. “In my first couple of weeks at Avanos (AVNS), I’ve noticed that the transformation efforts made around the portfolio, the organizational structure and cost management have positioned us well to accelerate our growth profile,” said David Pacitti, Avanos’s recently appointed CEO Pacitti continued, “I really like the energy and strategic focus we have right now, which can be leveraged for more consistent execution, to identify more go-to-market strategies and continued margin profile enhancements.”