Needham & Company Upgrades Hologic (HOLX) to Buy

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Hologic Announces Financial Results for First Quarter of Fiscal 2016

January 27, 2016 4:02 PM EST

MARLBOROUGH, Mass., Jan. 27, 2016 /PRNewswire/ -- Hologic, Inc. (Nasdaq: HOLX) announced today the Company's financial results for the fiscal first quarter ended December 26, 2015.  Revenue of $695.2 million increased 6.5% on a reported basis, and 8.1% on a constant currency basis.  GAAP diluted EPS of $0.29 increased 190%, and non-GAAP diluted EPS of $0.46 increased 17.9%.

"We are pleased with our first quarter financial results overall," said Steve MacMillan, Hologic's Chairman, President and Chief Executive Officer.  "Our U.S. businesses again performed exceptionally well, with double-digit revenue growth.  This contributed to improvement in our already strong operating... More