Analogic Corp (ALOG) Misses Q3 EPS by 9c
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Analogic Board of Directors Authorizes Additional Stock Repurchase
June 5, 2014 4:16 PM EDTPEABODY, Mass., June 5, 2014 (GLOBE NEWSWIRE) -- Analogic Corporation (Nasdaq: ALOG), enabling the world's medical imaging and aviation security technology, announced today that its Board of Directors has authorized an additional repurchase program of up to $30 million of the Company's common stock.
The repurchase program will be funded using the Company's available cash. As of April 30, 2014, Analogic had cash and cash equivalents of approximately $119 million and had approximately 12.4 million shares of common stock outstanding.
Jim Green, Analogic's president and CEO, commented, "Our decision to implement this new stock repurchase program reflects... More
Analogic Announces Financial Results for the Third Quarter Ended April 30, 2014 and Declares Quarterly Cash Dividend
June 5, 2014 4:15 PM EDTPEABODY, Mass., June 5, 2014 (GLOBE NEWSWIRE) -- Analogic Corporation (Nasdaq: ALOG), enabling the world's medical imaging and aviation security technology, today announced results for its third quarter ended April 30, 2014.
Highlights during the third quarter (comparisons are against Q3 of fiscal 2013) included:
Revenue of $124.0 million, down 1% Gross margin of 43%, up 4 points GAAP operating margin of 8%, up 3 pts.; Non-GAAP operating margin of 12%, up 2 pts. GAAP diluted EPS of $0.62; Non-GAAP diluted EPS of $0.94 Positive operating cash flow of $17.9 millionRevenue for the third quarter of fiscal 2014 was $124.0... More
