EXHIBIT 99.1

PRESS RELEASE

Investor Contact:

AngioDynamics, Inc.

Michael C. Greiner, Executive Vice President & CFO

(518) 795-1821

AngioDynamics Reports Fiscal 2018 Fourth Quarter and
Full-Year Financial Results

Fiscal 2018 Fourth Quarter Highlights

• Net sales of $88.3 million, an increase of 1.6% year over year

• Gross margin expanded 500 basis points year over year to 53.7%

• GAAP EPS of $0.06 per share; adjusted EPS of $0.20 per share

• Operating cash flow of $23.8 million; free cash flow of $23.0 million

Full-Year 2018 Highlights

• Net sales of $344.3 million, a decrease of 1.5% year over year

• Gross margin expanded 100 basis points year over year to 51.4%

• GAAP EPS of $0.44 per share; adjusted EPS of $0.74 per share

• Operating cash flow of $41.3 million; free cash flow of $38.9 million

Latham, New York, July 11, 2018 – AngioDynamics, Inc. (NASDAQ: ANGO), a leading provider of innovative, minimally invasive medical devices for vascular access, peripheral vascular disease, oncology and surgery, today announced financial results for the fourth quarter and fiscal year, which ended May 31, 2018.

“Our quarterly and full-year results showed further improvement in our operational outcomes, continuing our path to sustainable long-term

growth. We are very pleased with our year-over-year gross margin expansion and solid profitability, as well as our consistent free cash flow generation,” commented Jim Clemmer, President and Chief Executive Officer of AngioDynamics, Inc. “Our Oncology ablation systems, AngioVac thrombus management product, and Fluid Management family of products are each examples of where we are well positioned to win and grow the value of the Company. We will continue to actively focus on pursuing our portfolio optimization strategy, which includes both internal and external growth opportunities. We will look to augment those areas where we currently have a product family foundation with additional opportunities to win, driving sustainable long-term revenue growth.”

Fourth Quarter 2018 Financial Results

Net sales for the fourth quarter of fiscal 2018 were $88.3 million, an increase of 1.6%, compared to $86.9 million a year ago. During the quarter, growth in the Fluid Management, Angiographic Catheters, and AngioVac product lines, as well as two of the Company’s Ablation Systems, Solero^® and NanoKnife^®, was partially offset by declines in its Venous Insufficiency business, PICCs and Midline products.

Currency had a positive impact on net sales of approximately 50 basis points for both the fourth quarter and full year.

Peripheral Vascular net sales in the fourth quarter of fiscal 2018 were $52.6 million, a decrease of 2.4% from $53.9 million a year ago, as growth in the Fluid Management, Angiographic catheters, and AngioVac product lines was more than offset by declines in the Venous Insufficiency and Thrombolytic businesses. Oncology/Surgery net sales were $12.1 million, an increase of 37.5% from $8.8 million a year ago, as strong growth in our Solero Microwave Ablation System and an increase in sales of NanoKnife, were partially offset by lower sales of RFA. Vascular Access net sales were $23.6 million, a decrease of 2.5% from $24.2 million a year ago, as growth in Ports and Dialysis products was more than offset by declines in PICCs.

U.S. net sales in the fourth quarter of fiscal 2018 were $70.3 million, a decrease of 0.7% from $70.8 million a year ago, primarily due to lower sales of our Venous Insufficiency, PICCs, RFA, and NanoKnife product lines. International net sales in the fourth quarter of fiscal 2018 were $18.0

million, an increase of 11.8% from $16.1 million a year ago, primarily due to strong performance in Europe.

Gross margin for the fourth quarter of fiscal 2018 expanded 500 basis points to 53.7% from 48.7% a year ago, largely as a result of the prior-year Acculis recall that was announced in the fourth quarter of 2017 along with ongoing operational improvements, recently completed facility consolidation, and the expiration of a royalty arrangement in the second quarter of fiscal 2018.

The Company recorded net income of $2.1 million, or $0.06 per share, in the fourth quarter of fiscal 2018. This compares to a net loss of $12.9 million, or $0.35 per share, a year ago. The improvement in net income was primarily attributable to the reserves for legal matters related to Department of Justice subpoenas, as well as the Acculis recall that were both recorded in the fourth quarter of fiscal year 2017.

Excluding the items shown in the non-GAAP reconciliation table below, adjusted net income for the fourth quarter of fiscal 2018 was $7.7 million, or $0.20 per share, compared to adjusted net income of $6.8 million, or $0.19 per share, in the fourth quarter of fiscal 2017.

Adjusted EBITDAS in the fourth quarter of fiscal 2018, excluding the items shown in the reconciliation table below, was $15.6 million, compared to $14.3 million in the fourth quarter of fiscal 2017.

In the fourth quarter of fiscal 2018, the Company generated $23.8 million in operating cash flow and $23.0 million in free cash flow. As of May 31, 2018, the Company had $74.1 million in cash and cash equivalents and $92.5 million in debt, excluding the impact of deferred financing costs.

Full-Year 2018 Financial Results

For the twelve months ended May 31, 2018:

• Net sales were $344.3 million, a decrease of 1.5%, compared to $349.6 million for the same period a year ago.

• The Company’s net income was $16.3 million, or $0.44 per share,

compared to net income of $5.0 million, or $0.14 per share, a year ago.

• Excluding the items shown in the non-GAAP reconciliation table below, adjusted net income for the twelve months ended May 31, 2018 was $27.6 million, or $0.74 per share, compared to adjusted net income of $27.0 million, or $0.73 per share, a year ago.

• Adjusted EBITDAS, excluding the items shown in the reconciliation table below, was $57.0 million, compared to $58.7 million for the same period a year ago.

Fiscal Year 2019 Financial Guidance

The Company expects its fiscal year 2019 net sales to be in the range of $344 to $349 million and free cash flow in the range of $38 to $43 million, excluding an approximately $12.5 million cash payment to the Department of Justice related to previously disclosed legal matters.The Company expects its adjusted earnings per share in the range of $0.82 to $0.86.

Conference Call

The Company’s management will host a conference call today at 8:00 a.m. ET to discuss its fourth quarter and full-year 2018 results.

To participate in the conference call, dial 1-877-407-0784 (domestic) or 1-201-689-8560 (international) and refer to the passcode 13681007.

This conference call will also be webcast and can be accessed from the “Investors” section of the AngioDynamics website at www.angiodynamics.com. The webcast replay of the call will be available at the same site approximately one hour after the end of the call.

A recording of the call will also be available from 11:00 a.m. ET on Wednesday, July 11, 2018, until 11:59 p.m. ET on Wednesday, July 18, 2018. To hear this recording, dial 1-844-512-2921 (domestic) or 1-412-317-6671 (international) and enter the passcode 13681007.

Use of Non-GAAP Measures

Management uses non-GAAP measures to establish operational goals and believes that non-GAAP measures may assist investors in analyzing the underlying trends in AngioDynamics’ business over time. Investors should consider these non-GAAP measures in addition to, not as a substitute for or as superior to, financial reporting measures prepared in accordance with GAAP. In this news release, AngioDynamics has reported adjusted EBITDAS, adjusted gross margin, adjusted net income, adjusted earnings per share and free cash flow. Management uses these measures in its internal analysis and review of operational performance. Management believes that these measures provide investors with useful information in comparing AngioDynamics’ performance over different periods. By using these non-GAAP measures, management believes that investors get a better picture of the performance of AngioDynamics’ underlying business. Management encourages investors to review AngioDynamics’ financial results prepared in accordance with GAAP to understand AngioDynamics’ performance taking into account all relevant factors, including those that may only occur from time to time but have a material impact on AngioDynamics’ financial results. Please see the tables that follow for a reconciliation of non-GAAP measures to measures prepared in accordance with GAAP.

About AngioDynamics, Inc.

AngioDynamics, Inc. is a leading provider of innovative, minimally invasive medical devices used by professional healthcare providers for vascular access, surgery, peripheral vascular disease and oncology. AngioDynamics’ diverse product lines include market-leading ablation systems, fluid management systems, vascular access products, angiographic products and accessories drainage products, thrombolytic products and venous products. For more information, visit www.angiodynamics.com.

Safe Harbor

This release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. All statements regarding AngioDynamics’ expected future financial position, results of operations, cash flows, business strategy, budgets, projected costs, capital expenditures, products, competitive positions, growth opportunities, plans and objectives of management for future operations, as well as statements that include the words such as “expects,” “reaffirms,” “intends,”

“anticipates,” “plans,” “believes,” “seeks,” “estimates,” “optimistic,” or variations of such words and similar expressions, are forward-looking statements. These forward-looking statements are not guarantees of future performance and are subject to risks and uncertainties. Investors are cautioned that actual events or results may differ from AngioDynamics’ expectations. Factors that may affect the actual results achieved by AngioDynamics include, without limitation, the ability of AngioDynamics to develop its existing and new products, technological advances and patents attained by competitors, infringement of AngioDynamics’ technology or assertions that AngioDynamics’ technology infringes the technology of fourth parties, the ability of AngioDynamics to effectively compete against competitors that have substantially greater resources, future actions by the FDA or other regulatory agencies, domestic and foreign health care reforms and government regulations, results of pending or future clinical trials, overall economic conditions, the results of on-going litigation, challenges with respect to fourth-party distributors or joint venture partners or collaborators, the results of sales efforts, the effects of product recalls and product liability claims, changes in key personnel, the ability of AngioDynamics to execute on strategic initiatives, the effects of economic, credit and capital market conditions, general market conditions, market acceptance, foreign currency exchange rate fluctuations, the effects on pricing from group purchasing organizations and competition, the ability of AngioDynamics to integrate purchased businesses, as well as the risk factors listed from time to time in AngioDynamics’ SEC filings, including but not limited to its Annual Report on Form 10-K for the year ended May 31, 2017. AngioDynamics does not assume any obligation to publicly update or revise any forward-looking statements for any reason.

In the United States, the NanoKnife System has received a 510(k) clearance by the Food and Drug Administration for use in the surgical ablation of soft tissue, and is similarly approved for commercialization in Canada, the European Union and Australia. The NanoKnife System has not been cleared for the treatment or therapy of a specific disease or condition.

ANGIODYNAMICS, INC. AND SUBSIDIARIES

CONSOLIDATED INCOME STATEMENTS

(in thousands, except per share data)

	Three months ended						Twelve months ended
	May 31,			May 31,			May 31,			May 31,
	2018			2017			2018			2017
	(unaudited)						(unaudited)			(audited)
Net sales	$	88,317			86,914		$	344,285		$	349,643
Cost of sales (exclusive of intangible amortization)		40,850			44,579			167,410			173,474
Gross profit		47,467			42,335			176,875			176,169
% of net sales		53.7	%		48.7	%		51.4	%		50.4	%
Operating expenses
Research and development		6,454			6,696			25,459			25,269
Sales and marketing		20,898			20,476			77,276			78,819
General and administrative		7,946			8,316			31,265			31,406
Amortization of intangibles		4,202			4,410			16,635			17,296
Change in fair value of contingent consideration		32			125			250			(15,261	)
Acquisition, restructuring and other items, net		3,500			15,482			15,432			27,510
Medical device excise tax		-			(1,837	)		-			(1,837	)
Total operating expenses		43,032			53,668			166,317			163,202
Operating  income		4,435			(11,333	)		10,558			12,967
Interest expense, net		(839	)		(683	)		(3,062	)		(2,839	)
Other income (expense), net		(269	)		(12	)		(31	)		(281	)
Total other expense, net		(1,108	)		(695	)		(3,093	)		(3,120	)
Income before income taxes		3,327			(12,028	)		7,465			9,847
Income tax expense (benefit)		1,225			885			(8,870	)		4,839
Net income	$	2,102		$	(12,913	)	$	16,335		$	5,008
Earnings per share
Basic	$	0.06		$	(0.35	)	$	0.44		$	0.14
Diluted	$	0.06		$	(0.35	)	$	0.44		$	0.14
Weighted average shares outstanding
Basic		37,203			36,655			37,075			36,617
Diluted		37,747			36,655			37,539			36,959

ANGIODYNAMICS, INC. AND SUBSIDIARIES

GAAP TO NON-GAAP RECONCILIATION

(in thousands, except per share data)

Reconciliation of Gross Profit to non-GAAP Adjusted Gross Profit
	Three months ended						Twelve months ended
	May 31,			May 31,			May 31,			May 31,
	2018			2017			2018			2017
	(unaudited)						(unaudited)
Gross profit	$	47,467		$	42,335		$	176,875		$	176,169
Recall expenses included in cost of sales		-			2,645			-			2,861
Adjusted gross profit	$	47,467		$	44,980		$	176,875		$	179,030
Adjusted gross profit % of sales		53.7	%		51.8	%		51.4	%		51.2	%
Reconciliation of Net Income to non-GAAP Adjusted Net Income:
	Three months ended						Twelve months ended
	May 31,			May 31,			May 31,			May 31,
	2018			2017			2018			2017
	(unaudited)						(unaudited)
Net income	$	2,102		$	(12,913	)	$	16,335		$	5,008
Recall expenses included in cost of sales		-			2,645			-			2,861
Amortization of intangibles		4,202			4,410			16,635			17,296
Change in fair value of contingent consideration		32			125			250			(15,261	)
Acquisition, restructuring and other items, net (1)		3,500			15,482			15,432			27,510
Tax effect of non-GAAP items (2)		(2,162	)		(2,943	)		(21,051	)		(10,372	)
Adjusted net income	$	7,674		$	6,806		$	27,601		$	27,042
Reconciliation of Diluted Earnings Per Share to non-GAAP Adjusted Diluted Earnings Per Share:
	Three months ended						Twelve months ended
	May 31,			May 31,			May 31,			May 31,
	2018			2017			2018			2017
	(unaudited)						(unaudited)
Diluted earnings per share	$	0.06		$	(0.35	)	$	0.44		$	0.14
Recall expenses included in cost of sales		-			0.07			-			0.08
Amortization of intangibles		0.11			0.12			0.44			0.47
Change in fair value of contingent consideration		0.00			0.00			0.01			(0.41	)
Acquisition, restructuring and other items, net (1)		0.10			0.42			0.41			0.74
Tax effect of non-GAAP items (2)		(0.07	)		(0.07	)		(0.56	)		(0.29	)
Adjusted diluted earnings per share	$	0.20		$	0.19		$	0.74		$	0.73
Adjusted diluted share count		37,747			36,655			37,539			36,959

(1)  Includes costs related to mergers and acquisition activities, integrations, restructurings, asset impairments and write-offs, litigation, and other items.

(2)  Adjustment to reflect the income tax provision on a non-GAAP basis which i) has been calculated using a blended rate of 30.62% for the year ended May 31, 2018 due to the enactment of the Tax Cuts and Jobs Act (the “Act”) that reduced the federal corporate tax rate to 21% ( the effective rate for the three and twelve months ended May 31, 2017 was 36%);  ii) excludes the benefit recorded in Q3 fiscal 2018 resulting from remeasurement of our deferred tax assets from the Act; iii) tax effects the non-GAAP adjustment shown above and iv) assumes the Company does not have a valuation allowance on its U.S deferred tax assets.

ANGIODYNAMICS, INC. AND SUBSIDIARIES

GAAP TO NON-GAAP RECONCILIATION (Continued)

(in thousands, except per share data)

Reconciliation of Net Income to EBITDAS and Adjusted EBITDAS:
Amounts in 000's	Three months ended					Twelve months ended
	May 31,		May 31,			May 31,			May 31,
	2018		2017			2018			2017
	(unaudited)					(unaudited)
Net income	$	2,102	$	(12,913	)	$	16,335		$	5,008
Income tax expense (benefit)		1,225		885			(8,870	)		4,839
Interest expense, net		839		683			3,062			2,839
Depreciation and amortization		5,768		6,356			23,163			24,811
Stock-based compensation		2,091		1,105			7,912			6,183
EBITDAS	$	12,025	$	(3,884	)		41,602			43,680
Recall expenses included in cost of sales		-		2,645			-			2,861
Change in fair value of contingent consideration		32		125			250			(15,261	)
Acquisition, restructuring and other items, net (1,2)		3,500		15,374			15,156			27,402
Adjusted EBITDAS	$	15,557	$	14,260		$	57,008		$	58,682
Per diluted share:
EBITDAS	$	0.32	$	(0.11	)	$	1.11		$	1.18
Adjusted EBITDAS	$	0.41	$	0.39		$	1.52		$	1.59

(1)  Includes costs related to mergers and acquisition activities, integrations, restructurings, asset impairments and write-offs, litigation, and other items.

(2)  Excludes depreciation expense captured in the depreciation and amortization component of the reconciliation.

ANGIODYNAMICS, INC. AND SUBSIDIARIES

NET SALES BY PRODUCT CATEGORY AND BY GEOGRAPHY

(unaudited in thousands)

	Three months ended							Twelve months ended
						Currency	Constant						Currency	Constant
	May 31,		May 31,		%	Impact	Currency	May 31,		May 31,		%	Impact	Currency
	2018		2017		Growth	(Pos) Neg	Growth	2018		2017		Growth	(Pos) Neg	Growth
Net Sales by Product Category
Peripheral Vascular	$	52,583	$	53,948	(3)%			$	202,334	$	208,602	(3)%
Vascular Access		23,669		24,243	(2)%				92,760		96,481	(4)%
Oncology/Surgery		12,065		8,723	(38)%				49,191		44,560	10%
Total	$	88,317	$	86,914	(2)%	(1)%	1%	$	344,285	$	349,643	(2)%	0%	(2)%
Net Sales by Geography
United States	$	70,307	$	70,847	(1)%	0%	(1)%	$	273,327	$	282,168	(3)%	0%	(3)%
International	$	18,010	$	16,067	12%	(3)%	9%		70,958		67,475	5%	(2)%	3%
Total	$	88,317	$	86,914	2%	(1)%	1%	$	344,285	$	349,643	(2)%	0%	(2)%

ANGIODYNAMICS, INC. AND SUBSIDIARIES

CONSOLIDATED BALANCE SHEETS

(in thousands)

	May 31,		May 31,
	2018		2017
	(unaudited)		(audited)
Assets
Current Assets
Cash and cash equivalents	$	74,096	$	47,544
Marketable securities		1,317		1,215
Total cash and investments		75,413		48,759
Accounts receivable, net		39,401		44,523
Inventories		48,916		54,506
Prepaid expenses and other		4,302		6,126
Total current assets		168,032		153,914
Property, plant and equipment, net		42,461		45,234
Other assets		3,417		1,886
Intangible assets, net		130,310		145,675
Goodwill		361,252		361,252
Total Assets	$	705,472	$	707,961
Liabilities and Stockholders' Equity
Current Liabilities
Accounts payable	$	15,775	$	18,087
Accrued liabilities		34,426		38,804
Current portion of long-term debt		5,000		5,000
Current portion of contingent consideration		2,100		9,625
Total current liabilities		57,301		71,516
Long-term debt, net of current portion		86,621		91,320
Deferred income taxes		17,173		26,112
Contingent consideration, net of current portion		1,161		3,136
Other long-term liabilities		621		850
Total Liabilities		162,877		192,934
Stockholders' equity		542,595		515,027
Total Liabilities and Stockholders' Equity	$	705,472	$	707,961

ANGIODYNAMICS, INC. AND SUBSIDIARIES

CONSOLIDATED STATEMENTS OF CASH FLOWS

(in thousands)

	Three months ended						Twelve months ended
	May 31,			May 31,			May 31,			May 31,
	2018			2017			2018			2017
	(unaudited)						(unaudited)			(audited)
Cash flows from operating activities:
Net  income	$	2,102		$	(12,913	)	$	16,335		$	5,008
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization		5,768			6,356			23,163			24,811
Stock-based compensation		2,091			1,105			7,912			6,183
Change in fair value of contingent consideration		32			125			250			(15,261	)
Deferred income taxes		1,203			804			(8,947	)		4,428
Change in accounts receivable allowance		214			292			179			(313	)
Fixed and intangible asset impairments and disposals		510			108			540			3,930
Write-off of other assets		-			-			-			2,685
Other		30			(51	)		(605	)		(586	)
Changes in operating assets and liabilities:		-			-
Accounts receivables		2,147			1,581			5,044			8,479
Inventories		7,653			3,272			5,740			687
Prepaid expenses and other		(683	)		(2,305	)		(1,231	)		(3,520	)
Accounts payable, accrued and other liabilities		2,704			20,619			(7,093	)		19,214
Net cash provided by operating activities		23,771			18,993			41,287			55,745
Cash flows from investing activities:
Additions to property, plant and equipment		(744	)		(743	)		(2,391	)		(3,001	)
Acquisition of intangible and other assets		-			-			(1,265	)		-
Proceeds from sale or maturity of marketable securities		-			-			-			450
Net cash used in investing activities		(744	)		(743	)		(3,656	)		(2,551	)
Cash flows from financing activities:
Proceeds from issuance of and borrowings on long-term debt		-			-			-			116,471
Repayment of long-term debt		(1,250	)		(1,250	)		(5,000	)		(140,381	)
Deferred financing costs on long-term debt		-			(29	)		-			(1,364	)
Payment of acquisition related contingent consideration		-			-			(9,500	)		(9,850	)
Repurchase of common stock		-			(5,717	)		-			(13,557	)
Proceeds from exercise of stock options and employee stock purchase plan		389			429			2,949			10,698
Net cash used in financing activities		(861	)		(6,567	)		(11,551	)		(37,983	)
Effect of exchange rate changes on cash and cash equivalents		(362	)		290			472			-
Increase in cash and cash equivalents		21,804			11,973			26,552			15,211
Cash and cash equivalents at beginning of period		52,292			35,571			47,544			32,333
Cash and cash equivalents at end of period	$	74,096		$	47,544		$	74,096		$	47,544

ANGIODYNAMICS, INC. AND SUBSIDIARIES

GAAP TO NON-GAAP RECONCILIATION

(in thousands)

Reconciliation of Free Cash Flows:
	Three months ended						Twelve months ended
	May 31,			May 31,			May 31,			May 31,
	2018			2017			2018			2017
	(unaudited)						(unaudited)
Net cash provided by operating activities	$	23,771		$	18,993		$	41,287		$	55,745
Additions to property, plant and equipment		(744	)		(743	)		(2,391	)		(3,001	)
Free Cash Flow	$	23,027		$	18,250		$	38,896		$	52,744