Analogic posted declines in revenue and net income for its 2016 fiscal third quarter (end-April 30).
The company saw a 4% decrease in revenue, from $133.6 million in 2015 to $128 million this year, which it attributed to lower sales from security systems and legacy ultrasound probes. Net income for the period dropped from $9.1 million in 2015 to $5 million.
Revenue in Analogic's Medical Imaging segment rose by 1% compared with the third quarter of 2015, from $71.9 million to $72.9 million. However, overall revenue in its Ultrasound segment decreased by 3%, from $38.6 million in 2015 to $37.6 million.
Revenue for the first nine months of 2016 totaled $370.8 million, down 4% from the same period last year, while net income for this period was $3.4 million, compared with $22.6 million in 2015, Analogic said.
![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)
