Avanos medical reports q1 adjusted earnings per share $0.16

Avanos medical, inc. announces first quarter 2020 results and provides an update on its response to the covid-19 pandemic.q1 adjusted earnings per share $0.16.q1 earnings per share $0.08.q1 sales $180 million versus refinitiv ibes estimate of $175.2 million.q1 earnings per share estimate $0.16 -- refinitiv ibes data.company is withdrawing its previously announced full-year 2020 financial guidance.suspending planned 2020 merit increases for its non-manufacturing, salaried employees.decreasing discretionary spending across organization.postponing certain capital expenditures and research and development projects.streamlining processes, while leaving vacant non-critical positions open.
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