Financial PerformanceThe company delivered better than expected growth in molecular diagnostics, leading to a slight increase in organizational guidance and earnings per share estimates.
Revenue And EarningsHologic's fiscal third-quarter results were above the high end of key guidance expectations, signaling potential for reaccelerating revenue and earnings growth.
ValuationShares are trading at 15 times next-twelve-month earnings, below the 10-year average, suggesting room for multiple expansion and share price increase.