Hologic: Fiscal Q2 Earnings Snapshot

April 27, 2022 GMT

MARLBOROUGH, Mass. (AP) _ Hologic Inc. (HOLX) on Wednesday reported fiscal second-quarter earnings of $455.7 million.

The Marlborough, Massachusetts-based company said it had profit of $1.80 per share. Earnings, adjusted for one-time gains and costs, were $2.07 per share.

The results beat Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $1.55 per share.

The medical device maker posted revenue of $1.44 billion in the period, also surpassing Street forecasts. Three analysts surveyed by Zacks expected $1.28 billion.

For the current quarter ending in July, Hologic expects its per-share earnings to range from 67 cents to 72 cents.

The company said it expects revenue in the range of $875 million to $915 million for the fiscal third quarter. Analysts surveyed by Zacks had expected revenue of $884.8 million.

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Hologic expects full-year earnings in the range of $5.45 to $5.65 per share, with revenue ranging from $4.6 billion to $4.7 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on HOLX at https://www.zacks.com/ap/HOLX