02.03.2016 22:19:06
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Analogic Corp. Q2 Profit Climbs 9%
(RTTNews) - Analogic Corp. (ALOG) released earnings for its second quarter that climbed from last year.
The company said its bottom line came in at $14.88 million, or $1.18 per share. This was up from $13.59 million, or $1.08 per share, in last year's second quarter.
Analysts had expected the company to earn $1.04 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company said revenue for the quarter fell 4.5% to $127.87 million. This was down from $133.95 million last year.
Analogic Corp. earnings at a glance:
-Earnings (Q2): $14.88 Mln. vs. $13.59 Mln. last year. -Earnings Growth (Y-o-Y): 9.5% -EPS (Q2): $1.18 vs. $1.08 last year. -EPS Growth (Y-o-Y): 9.3% -Analysts Estimate: $1.04 -Revenue (Q2): $127.87 Mln vs. $133.95 Mln last year. -Revenue Change (Y-o-Y): -4.5%
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