Hologic reported fiscal fourth-quarter revenues of $52.4 million, up 9% compared with the $48.2 million turned in during the same period last year.
For the quarter (end-September 27), the Bedford, MA-based vendor had net income of $2.6 million, compared with a net loss of $3.2 million last year.
In fourth quarter highlights, Hologic installed 27 of its Selenia full-field digital mammography (FFDM) systems. By segment, Hologic booked mammography revenues of $23.1 million, up 14% from the $20.3 million last year. Operating income climbed from $892,000 to $2.4 million.
Osteoporosis assessment revenues grew from $15.8 million last year to $18.2 million, a 15% gain. Operating income also advanced, climbing from $1.7 million to $2.9 million.
Digital imaging revenues, dipped 3% however, dropping from $6.4 million last year to $6.2 million. Hologic’s operating loss reached $3.1 million, up from an operating loss of $3 million last year.
Mini-C-arm revenues also dropped 10%, falling from $4.1 million to $3.7 million. Operating income from this segment was $249,000, down from $821,000 in the same period a year ago.
General radiography revenues declined 24.2% from $1.5 million to $1.2 million. The unit produced operating income of $188,000, compared with operating income of $762,000 a year ago.
For the year, Hologic had revenues of $204 million, up 7.3% compared with fiscal 2002 revenues of $190.2 million. The vendor had net income of $2.9 million, compared with net income of $179,000 last year.
By AuntMinnie.com staff writersNovember 12, 2003
Related Reading
Hologic, Aloka ink ultrasound development deal, November 12, 2003
Hologic unveils Explorer, October 20, 2003
Hologic promotes Cascella, October 7, 2003
Hologic Q3 revenues, income up, August 7, 2003
Copyright © 2003 AuntMinnie.com
