MARLBOROUGH, Mass. (AP) — MARLBOROUGH, Mass. (AP) — Hologic Inc. (HOLX) on Monday reported fiscal fourth-quarter earnings of $178.6 million.
The Marlborough, Massachusetts-based company said it had net income of 76 cents per share. Earnings, adjusted for one-time gains and costs, were $1.01 per share.
The results fell short of Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $1.02 per share.
The medical device maker posted revenue of $987.9 million in the period, which beat Street forecasts. Six analysts surveyed by Zacks expected $979.3 million.
For the year, the company reported profit of $789.5 million, or $3.32 per share. Revenue was reported as $4.03 billion.
For the current quarter ending in December, Hologic expects its per-share earnings to range from $1 to $1.03.
The company said it expects revenue in the range of $1.02 billion to $1.03 billion for the fiscal first quarter.
Hologic expects full-year earnings in the range of $4.25 to $4.35 per share, with revenue ranging from $4.15 billion to $4.2 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on HOLX at https://www.zacks.com/ap/HOLX
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