01.02.2024 22:55:13 - dpa-AFX: Hologic Inc Q1 Profit Increases, beats estimates

BEDFORD (dpa-AFX) - Hologic Inc (HOLX) released a profit for its first
quarter that increased from last year and beat the Street estimates.

The company's bottom line totaled $246.5 million, or $1.03 per share. This
compares with $187.4 million, or $0.75 per share, in last year's first quarter.

Excluding items, Hologic Inc reported adjusted earnings of $236.4 million or
$0.98 per share for the period.

Analysts on average had expected the company to earn $0.95 per share, according
to figures compiled by Thomson Reuters. Analysts' estimates typically exclude
special items.

The company's revenue for the quarter fell 5.6% to $1.01 billion from $1.07
billion last year.

Hologic Inc earnings at a glance (GAAP) :

-Earnings (Q1): $246.5 Mln. vs. $187.4 Mln. last year.
-EPS (Q1): $1.03 vs. $0.75 last year.
-Analyst Estimate: $0.95
-Revenue (Q1): $1.01 Bln vs. $1.07 Bln last year.

-Guidance:
Next quarter EPS guidance: $0.95 - $1.00
Next quarter revenue guidance: $990 mln - $1.01 bln
Full year EPS guidance: $3.97 - $4.12
Full year revenue guidance: $3.99 - $4.07 bln


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Copyright RTT News/dpa-AFX
Name WKN Börse Kurs Datum/Zeit Diff. Diff. % Geld Brief Erster Schluss
Hologic 879100 NASDAQ 76,540 03.05.24 22:02:00 +0,630 +0,83% 76,500 80,000 79,600 76,540

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