Hologic (HOLX) Prelim. Q1 Revenue Guidance Beats

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Go back to Hologic (HOLX) Prelim. Q1 Revenue Guidance Beats

Hologic Announces Preliminary Financial Results for First Quarter of Fiscal 2021

January 8, 2021 8:30 AM EST

Revenue of $1,609.8 Million Grows 89.3%, 86.5% in Constant Currency

Excluding Acquisitions and Divestitures, Organic Revenue More than Doubles

Company Announces New $1.0 Billion Share Repurchase Authorization, Pays Off Revolving Debt

MARLBOROUGH, Mass.--(BUSINESS WIRE)-- Hologic, Inc. (Nasdaq: HOLX) announced today preliminary revenue results for its first fiscal quarter ended December 26, 2020.

The Company expects to report total revenues of approximately $1,609.8 million, an increase of 89.3% compared to the prior year period, or 86.5% in constant currency. These preliminary results compare to the Companys most recent guidance range of $1,350 to $1,425... More