MARLBOROUGH, Mass. (AP) — MARLBOROUGH, Mass. (AP) — Hologic Inc. (HOLX) on Monday reported fiscal fourth-quarter earnings of $187.3 million.
The Marlborough, Massachusetts-based company said it had net income of 83 cents per share. Earnings, adjusted for one-time gains and costs, came to $1.13 per share.
The results surpassed Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $1.10 per share.
The medical device maker posted revenue of $1.05 billion in the period, also beating Street forecasts. Six analysts surveyed by Zacks expected $1.03 billion.
For the year, the company reported profit of $565.7 million, or $2.49 per share. Revenue was reported as $4.1 billion.
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