Hologic's (HOLX) Q1 Earnings Beat Estimates, Gross Margin Down
Hologic(HOLX) Zacks Investment Research·2024-02-03 02:55
Hologic, Inc. (HOLX) reported adjusted earnings per share (EPS) of 98 cents in first-quarter fiscal 2024, down 8.4% year over year. The bottom line surpassed the Zacks Consensus Estimate by 3.2%.The adjustments include charges and benefits related to the amortization of acquired intangible assets, restructuring and integration/consolidation costs, product line discontinuation and many others.The company’s GAAP EPS were $1.03 in the quarter compared with the year-ago quarter’s EPS of 75 cents, up 37.3%.Reven ...