2022 Revenues ($USD) : $744,600,000
2022 R&D spend : $32,300,000
2022 Number of Employees : 4,555
Fiscal Year End : 12/31/2021
Company CEO : Joseph Woody, CEO

Headquartered in ​​Alpharetta, Georgia, Avanos Medical started in 2014 as a spinoff of Kimberly-Clark's healthcare business. The company's product line includes devices for pain management, IV therapy, and respiratory and digestive care. Initially named Halyard Health, the company rebranded as Avanos Medical in 2018. In August 2022, the company announced second-quarter results ahead of the earnings consensus on Wall Street but missed revenue guidance. The company also updated its 2022 net sales guidance to be in the range of $815 million to $835 million. That figure corresponds to organic growth between 1% to 4%. –BB