Hologic: Fiscal First Quarter Earnings Overview
Hologic Inc. Announces First-Quarter Financial Results
Hologic Inc., headquartered in Marlborough, Massachusetts, has released its financial results for the first quarter, reporting a net profit of $179.1 million.
The company’s earnings amounted to $0.79 per share. When excluding certain one-time items, adjusted earnings reached $1.04 per share.
These figures fell short of market expectations. According to Zacks Investment Research, analysts had anticipated adjusted earnings of $1.09 per share on average.
During the quarter, Hologic generated $1.05 billion in revenue, which was also below the $1.07 billion forecasted by analysts surveyed by Zacks.
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