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.