Hologic posts strong Q3 revenues

2020 01 02 21 24 9838 Hologic Rsna 2019 400

Hologic posted strong revenues for its fiscal third quarter, which it attributed in part to recovery from the COVID-19 pandemic.

For the period (end-June 26), Hologic reported revenue of $1.168 billion, up 42% from $822.9 million for the same quarter last year. It posted third-quarter sales for its Diagnostics division of $665.5 million, up 24% compared with 2020's $524.4 million. Its Breast and Skeletal Health segment posted sales of $349 million, up 55.8% compared with 2020's $224 million.

Finally, the company's net income for the quarter was $268.4 million, an increase of 94.6% compared with the third quarter of 2020.

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