Hologic (HOLX) Tops Q1 EPS by 3c; Bumps Outlook

Hologic (NASDAQ: HOLX) reported Q1 EPS of $0.39, $0.03 better than the analyst estimate of $0.36. Revenue for the quarter came in at $652.8 million versus the consensus estimate of $630.79 million.

Hologic sees FY2015 EPS of $1.54-$1.57, versus prior guidance of $1.50-$1.54 and the consensus of $1.54. Hologic sees FY2015 revenue of $2.57-2.6 billion, versus prior guidance of $2.54-2.57 billion and the consensus of $2.57 billion.

"We posted strong organic revenue and earnings growth across the board in the first quarter," said Steve MacMillan, Hologic's President and Chief Executive Officer. "We are pleased with the pace of progress we have made, as we recorded our fourth consecutive quarter of sequential revenue growth, and our best quarterly growth rate in a number of years. While we realize there is still work to do, this quarter's results show that great products, great people, and new leadership are coming together in a powerful way at the Company. As a result, we are raising our financial outlook for the year."

For earnings history and earnings-related data on Hologic (HOLX) click here.

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