Published on 2 Feb 2023 on Zacks via Yahoo Finance
Hologic, Inc. HOLX reported first-quarter fiscal 2023 adjusted earnings per share (EPS) of $1.07, down 50.7% year over year. However, the bottom line surpassed the Zacks Consensus Estimate by 18.9%.
The adjustments include charges and benefits related to the amortization of acquired intangible assets, certain asset impairment charges and restructuring and integration/consolidation costs, among others.
The company’s GAAP EPS was 75 cents in the quarter compared with the year-ago quarter’s EPS of $1.95, reflecting a 61.5% plunge.