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Monday, Aug 5
More on Hologic earnings
- Hologic (HOLX) FQ3 beats slightly on the the bottom line but comes up a bit short on top.
- Net earnings swung to a loss on higher charges restructuring and acquisition-related costs as well as other one-time items.
- Looking forward, the company forecast FQ4 EPS of $0.36 to $0.37 on revenue of $615M to $625M, below Street estimates of $0.44 on $651M in revenue.
- For the year, it lowers its per-share earnings estimate to $1.46 to $ 1.47, from its previous estimate for $1.54 to $1.56, but affirms its revenue outlook. Shares -2.7% AH.