Revenue and EPS Exceed Guidance
Hologic delivered revenue of $1.024 billion and non-GAAP EPS of $1.08, both exceeding the company's guidance ranges.
Breast Health Business Improvement
Despite a year-over-year decline, the Breast Health segment showed sequential improvement and surpassed internal expectations, driven by better commercial execution and innovation.
Endomagnetics Acquisition Success
Endomag contributed nearly $20 million in revenue and exceeded deal model expectations, with projections for continued growth.
Interventional Sales Growth
Interventional sales increased 31.8%, with organic growth of 6% excluding acquisitions, driven by the strategic focus of the sales force.
Strong Cash Flow and Financial Flexibility
The company generated $343 million in operating cash flow and maintained a net leverage ratio of 0.6x, indicating strong financial health.