Imaging technology developer Analogic reported record revenue of $160.5 million in its second quarter, up 121% from the $72.6 million reported in the second quarter a year ago. For the period (end-January 31, 2003), the Peabody, MA-based vendor had record net income of $21.2 million, compared with a net income of $605,000 last year.
Revenues for the first two quarters were a record $296.2 million, compared with revenue for the first two quarters of 2001 of $148.4 million, an increase of 100%. Net income for the six-month period was $41.4 million, compared with a net loss of $5.7 million for the same period a year ago.
Analogic attributed the strong performance to growth in the company’s security imaging business. The company shipped a record number of its EXACT baggage-scanning CT scanners, with 425 systems shipped during calendar 2002.
By AuntMinnie.com staff writers
March 12, 2003
Related Reading
Analogic selects Wood as president, March 11, 2003
Analogic to expand HQ, February 3, 2003
Analogic revenues surge in Q1, December 11, 2002
Analogic, IMS form FFDM alliance, November 27, 2002
Analogic buys Siemens’ transducer unit, November 7, 2002
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![Images show the pectoralis muscles of a healthy male individual who never smoked (age, 66 years; height, 178 cm; body mass index [BMI, calculated as weight in kilograms divided by height in meters squared], 28.4; number of cigarette pack-years, 0; forced expiratory volume in 1 second [FEV1], 97.6% predicted; FEV1: forced vital capacity [FVC] ratio, 0.71; pectoralis muscle area [PMA], 59.4 cm2; pectoralis muscle volume [PMV], 764 cm3) and a male individual with a smoking history and chronic obstructive pulmonary disorder (COPD) (age, 66 years; height, 178 cm; BMI, 27.5; number of cigarette pack-years, 43.2, FEV1, 48% predicted; FEV1:FVC, 0.56; PMA, 35 cm2; PMV, 480.8 cm3) from the Canadian Cohort Obstructive Lung Disease (i.e., CanCOLD) study. The CT image is shown in the axial plane. The PMV is automatically extracted using the developed deep learning model and overlayed onto the lungs for visual clarity.](https://img.auntminnie.com/mindful/smg/workspaces/default/uploads/2026/03/genkin.25LqljVF0y.jpg?auto=format%2Ccompress&crop=focalpoint&dpr=2&fit=crop&h=167&q=70&w=250)
