Analogic (ALOG) Reports In-Line Q1 EPS; Updates on Restructuring
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Analogic Announces Results for the First Quarter Ended October 31, 2015 and Declares Quarterly Cash Dividend
December 8, 2015 4:15 PM ESTPEABODY, Mass., Dec. 08, 2015 (GLOBE NEWSWIRE) -- Analogic Corporation (Nasdaq: ALOG), enabling the worlds medical imaging and aviation security technology, today announced results for its first quarter ended October 31, 2015.
Highlights during the first quarter (comparisons are against Q1 of fiscal 2015) included:
Revenue of $115 million, down 3% (down 2% on constant currency)Gross margin of 44%, flat (up 1pt. on constant currency)GAAP operating margin of 2%; GAAP diluted EPS of $0.11, includes $3.3 million, or $0.26 per diluted share of pre-tax restructuring charges associated with FY2016 Restructuring Plan announced in Q4 fiscal... More