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Imaging company pleased with third quarter progress.
2003 SEP 4 - (NewsRx.com & NewsRx.net) -- Hologic, Inc., (HOLX), a provider of women's diagnostic imaging systems, announced results for the quarter ended June 28, 2003.
Third quarter fiscal 2003 revenues totaled $52,389,000, a 9% increase when compared to revenues of $48,008,000 in the third quarter of fiscal 2002.
For the third quarter of fiscal 2003, Hologic reported net income of $1,076,000, or $0.05 per diluted share, compared with net income of $492,000, or $0.02 per diluted share, in the third quarter of fiscal 2002. The company was able to achieve this improvement despite the increased investment in sales and service in connection with the company's transition to a direct sales and service organization for mammography products from an independent dealer in almost one-half of the U.S. market.
For the 9 months ended June 28, 2003, revenues totaled $151,690,000, compared to revenues of $141,994,000 in the 9 months ended June 29, 2002. For the 9 months ended June 28, 2003, Hologic recognized net income of $548,000, or $0.03 per diluted share, compared with net income of $3,344,000, or $0.18 per ...
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Source: HighBeam Research, Imaging company pleased with third quarter progress.