Hologic posts Q2 revenue gain

Growth in its breast health, diagnostics, and surgical gynecology businesses contributed to a 4% revenue gain for women's healthcare vendor Hologic in its fiscal second quarter.

For the period (end-March 27), the Bedford, MA-based vendor posted $418.1 million in revenue, up 4% compared to the $402 million recorded in the fiscal second quarter of 2009. Hologic had net income of $20.6 million, compared with a net loss of $2.31 billion a year ago.

In quarterly highlights, Hologic turned in a strong bookings quarter for international sales of its digital mammography systems, said Rob Cascella, president and CEO. The firm's breast biopsy, diagnostics, and surgical gynecology businesses also experienced growth, despite challenges stemming from the lagging effects of unemployment, healthcare policy uncertainties, and severe weather conditions, according to Cascella.

In the U.S., some customer order deferrals that affected backlog at the end of the second quarter have already been turned into orders in the third quarter, Cascella said.

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