Hologic Misses Q1 Earnings and Revenue Estimates; Reports $1.04 Adj. EPS on $1.05B Sales

Hologic Inc. (HOLX) reported fiscal Q1 net income of $179.1M, or $1.04 per share adjusted, falling short of the Zacks analyst consensus of $1.09. Revenue totaled $1.05B, below the expected $1.07B. The medical diagnostics and imaging firm’s results reflect softer-than-anticipated performance in its core markets. The miss marks a rare stumble for the company, which has consistently met or exceeded expectations in recent quarters. Analysts will scrutinize management’s Q1 earnings call for guidance revisions and commentary on demand trends in women’s health and surgical solutions. Shares may face near-term pressure following the dual miss.