Evercore ISI Upgrades Hologic (HOLX) to Buy

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Hologic Announces Financial Results for Third Quarter of Fiscal 2016

July 27, 2016 4:01 PM EDT

MARLBOROUGH, Mass., July 27, 2016 /PRNewswire/ -- Hologic, Inc. (Nasdaq: HOLX) announced today the Company's financial results for the fiscal third quarter ended June 25, 2016.  GAAP diluted earnings per share (EPS) of $0.30 increased 200% compared to the prior year period, and non-GAAP diluted EPS of $0.51 increased 18.6%.  Revenue of $717.4 million increased 3.4%, or 3.6% in constant currency terms. 

"We posted very good results across the board in our fiscal third quarter," said Steve MacMillan, Hologic's Chairman, President and Chief Executive Officer.  "Despite difficult comparisons in the prior year period, global sales grew in all... More