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Hologic's second-quarter revenue doubles
Bone densitometry firm Hologic of Waltham, MA, said thatdemandfor its Acclaim fanbeam bone measurement devices contributed toa doubling of revenue and a sharp spike in net income in its secondquarter (end-March). Hologic posted revenues of $18.8
Bone densitometry firm Hologic of Waltham, MA, said thatdemandfor its Acclaim fanbeam bone measurement devices contributed toa doubling of revenue and a sharp spike in net income in its secondquarter (end-March).
Hologic posted revenues of $18.8 million for the quarter, comparedwith $9 million in the second quarter of 1995. Net income forthe most recent period stood at $3 million, compared with netincome of $154,000 in the same period last year. Hologic has alsoamassed a war chest of $57.9 million in cash and cash equivalents,compared with $7.4 million in cash last year.
The news sent Hologic's stock up $2 a share to close at $32.50on May 2. Shares of bone densitometry rival Lunar fell sharply,losing $3.50 a share to close at $36.50.
European Society of Breast Imaging Issues Updated Breast Cancer Screening Recommendations
April 24th 2024One of the recommendations from the European Society of Breast Imaging (EUSOBI) is annual breast MRI exams starting at 25 years of age for women deemed to be at high risk for breast cancer.
Study Reveals Benefits of Photon-Counting CT for Assessing Acute Pulmonary Embolism
April 23rd 2024In comparison to energy-integrating detector CT for the workup of suspected acute pulmonary embolism, the use of photon-counting detector CT reduced radiation dosing by 48 percent, according to newly published research.
