Hologic books record Q2

AuntMinnie.com staff writers

Apr 24, 2006

Hologic of Bedford, MA, reported record revenues, earnings, and backlog in its fiscal 2006 second-quarter results.

For the period (end-March 25) revenues totaled $101 million, a 46% increase compared to revenues of $69 million booked in the second quarter of fiscal 2005. Hologic reported net income of $11 million, up robustly from the $6 million reported for the same period in fiscal 2005. The firm also noted that it had a record backlog for the quarter of $153.1 million.

The company said the improvement in quarterly earnings primarily reflects the increase in product sales of its Selenia full-field digital mammography (FFDM) systems in the second quarter over the same period last year.

For the first half of the current fiscal year, Hologic's revenues increased 40%, to $189 million compared with revenues of $135 million in the first half of fiscal 2005. Hologic has also recognized net income of $16.9 million, compared with net income of $10.6 million for the comparable six-month period in fiscal 2005.

By AuntMinnie.com staff writers
April 25, 2006

Related Reading

Hologic to buy Suros, April 18, 2006

AIE, Hologic highlight research, March 29, 2006

Hologic, Johns Hopkins APL ink pact, February 7, 2006

Hologic Q1 shows revenue, earnings gain, January 24, 2006

Suros, Hologic expand distribution pact, December 1, 2005

Copyright © 2006 AuntMinnie.com

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