$Avanos Medical (AVNS.US)$Revenue continued to grow for 5 ye...
$Avanos Medical (AVNS.US)$Revenue continued to grow for 5 years, with an average growth rate of 6%. Operating profit reversed losses in 2021 and reached 774 million in 2022. Net profit also reversed losses in 2021, reaching 501 million in 2022.
The income statement shows that profits in the past two years have benefited from the control of operating expenses, mainly reductions in other operating expenses.
Interest expenses account for 12% of operating profit in 2022, and the burden is slightly higher.
In 2023Q1, revenue fell 2.9%, operating profit fell 70% to 2.6 million, and net profit declined slightly.
Currently, profit data is still very limited, so we can keep watching.
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