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Brean Capital Reiterates Buy on Analogic (ALOG) Following 4Q - PT to $100

Go back to Brean Capital Reiterates Buy on Analogic (ALOG) Following 4Q - PT to $100

Analogic Announces Results for the Fourth Quarter and Fiscal Year Ended July 31, 2016 and Declares Quarterly Cash Dividend

September 21, 2016 4:33 PM EDT

PEABODY, Mass., Sept. 21, 2016 (GLOBE NEWSWIRE) -- Analogic Corporation (Nasdaq: ALOG), enabling the world's medical imaging and aviation security technology, today announced results for its fourth quarter and fiscal year ended July 31, 2016.

Highlights during the fourth quarter (comparisons are against Q4 of fiscal 2015) included:

Revenue of $138.1 million, down 11%Gross margin of 45.9%, up 4.4 pts. GAAP operating margin of 10.2%; Non-GAAP operating margin of 14.3%, up 40 bps.GAAP diluted EPS of $0.70; Non-GAAP diluted EPS of $1.02

Highlights for fiscal year 2016 (comparisons are against fiscal 2015)... More

Analogic Teams with DLL to Offer Financing Options to BK Ultrasound Customers

September 21, 2016 3:30 PM EDT

PEABODY, Mass., Sept. 21, 2016 (GLOBE NEWSWIRE) -- Analogic Corporation (Nasdaq: ALOG), enabling the worlds medical imaging and aviation security technology, announced today that its BK Ultrasound business has created BK Finance to provide a variety of flexible financing solutions for its ultrasound product portfolio.

The BK Finance program is offered in cooperation with DLL, the worlds leading provider of vendor finance... More