Analogic Announces Results for the Fourth Quarter and Fiscal Year Ended July 31, 2017 and Declares Quarterly Cash Dividend
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Jefferies Remains Sidelined on Analogic (ALOG) Following 4Q Miss
September 20, 2017 8:36 AM EDTJefferies reiterated a Hold rating and $75.00 price target on Analogic Corporation (NASDAQ: ALOG) following the company's 4Q earnings report. ALOG posted a $0.50 miss on continued pressures in Medical and Ultrasound.
Initial F2018 guidance calls for mid-to-high single digit top-line declines... More
Analogic (ALOG) Misses Q4 EPS by 50c
September 19, 2017 4:17 PM EDTAnalogic (NASDAQ: ALOG) reported Q4 EPS of $0.00, $0.50 worse than the analyst estimate of $0.50. Revenue for the quarter came in at $111.6 million versus the consensus estimate of $115.8 million.
Fred Parks, president and CEO, commented, In fiscal 2017, we realigned the companys resources with our core businesses. Our cost structure is now much leaner. We are on track to realize $24 million in annual cost savings and... More
