Hologic revenues climb in Q2

AuntMinnie.com staff writers

May 5, 2003

Mammography and digital x-ray provider Hologic reported fiscal second-quarter revenues of $50.4 million, up 8% from the $46.4 million booked in the same quarter last year. For the period (end-March 29), the Bedford, MA-based vendor had net income of $383,000, compared with net income of $4.4 million in the second quarter of 2002 (which included a tax refund of $4.4 million).

In quarterly highlights, Hologic said it shipped a record 14 Selenia full-field digital mammography (FFDM) units, and as of the end of March had an order backlog of 40 systems. Chairman and CEO Jack Cumming also reported success with the firm's strategy of converting to direct sales for analog mammography systems in over 25 major markets, with orders surpassing results from the previous quarter.

By AuntMinnie.com staff writers
May 6, 2003
Related Reading

Hologic launches Selenia in U.K., April 24, 2003

Hologic ships 25th Selenia, April 17, 2003

Hologic inks deal with Carelift, February 26, 2003

Hologic shows Q1 sales uptick, trims loss, February 4, 2002

Hologic expands agreement with Novation, December 12, 2002

Copyright © 2003 AuntMinnie.com

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