Hologic (HOLX) Reports In-Line Q2 EPS; Withdraws Outlook

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Hologic Announces Financial Results for Second Quarter of Fiscal 2020

April 29, 2020 4:01 PM EDT

Revenue of $756.1 Million Declines 7.6% due to Cynosure Divestiture, 7.1% in Constant Currency

Organic Revenue Increases 0.5%, 1.1% in Constant Currency

Company Posts GAAP Diluted EPS of $0.36, Non-GAAP Diluted EPS of $0.57

Company to Introduce Second High-Throughput Coronavirus Test for Panther® Platform

MARLBOROUGH, Mass.--(BUSINESS WIRE)-- Hologic, Inc. (Nasdaq: HOLX) announced today the Companys financial results for the fiscal second quarter ended March 28, 2020.

Our second quarter revenue results reflect the strong underlying momentum that has been building at Hologic over the last... More