Hologic Q4 revenue beats expectations on higher core U.S. molecular diagnostics sales

Hologic

03/11/2025 21:16

Overview

Women's health company Hologic's fiscal Q4 rev grows 6.2% yr/yr, beating analyst expectations

Non-GAAP EPS for fiscal Q4 beats consensus, increasing 11.9%

Company to be acquired by Blackstone and TPG for up to $79 per share

Outlook

Company is not providing guidance due to acquisition by Blackstone and TPG

Result Drivers

DIAGNOSTICS GROWTH - Higher core U.S. molecular diagnostics sales drove diagnostics revenue growth, offset by lower COVID-19 assay sales and reduced sales in China

BREAST HEALTH - Growth driven by strong interventional product sales and improved U.S. sales execution

SURGICAL REVENUE - Increased sales of MyoSure and Fluent, and contributions from Gynesonics acquisition boosted surgical revenue

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Revenue
Beat
$1.04 bln
$1.03 bln (13 Analysts)
Q4 Adjusted EPS
Beat
$1.13
$1.10 (14 Analysts)
Q4 EPS
$0.83
Q4 Adjusted Net Income
Beat
$254.70 mln
$246.10 mln (12 Analysts)
Q4 Adjusted EBITDA
Beat
$347 mln
$346.05 mln (11 Analysts)
Q4 Adjusted Gross Margin
60.90%


Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 4 "strong buy" or "buy", 15 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the advanced medical equipment & technology peer group is "buy."

Wall Street's median 12-month price target for Hologic Inc is $75.50, about 2.1% above its October 31 closing price of $73.91

The stock recently traded at 16 times the next 12-month earnings vs. a P/E of 15 three months ago

Press Release: ID:nBw81t6qGa

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)