Hologic grows revenue, posts profit in Q2

Revenue growth in all of its business segments propelled women's imaging vendor Hologic to positive results in the second quarter of fiscal 2015 (end-March 28).

Second-quarter revenues grew 5% to $655.5 million, compared with $625 million in the second quarter of 2014. The company also posted net income of $47.8 million, compared with a net loss of $16.8 million in the previous year's second quarter.

For the six-month period, revenues advanced 6% to $1.308 billion, compared with $1.237 billion in the same period of fiscal 2014. Hologic reported net income of $77 million, compared with a net loss of $22.1 million in the first six months of 2014.

Based on its strong performance in the second quarter of fiscal 2015, Hologic raised its revenue estimates for the third quarter by 2% to 3% to the $644 million to $655 million range.

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