Hologic, Inc. (Nasdaq: HOLX), a leading global medical technology innovator, has announced that it will release its financial results for the first quarter of fiscal 2025 on Wednesday, February 5, after the market closes. The company will also host a conference call that day at 4:30 p.m. Eastern Time to discuss the results. Interested participants can dial in 5-10 minutes before the call begins, using the provided access code.
In the third quarter of 2024, Hologic reported total revenue of $1,011.4 million, with an organic revenue growth of 3.4% compared to the same period last year. The company's organic revenue ex. COVID-19 grew by 5.5% during the same period. Hologic's strong performance in the diagnostics and breast health segments contributed to its overall growth. The company's diagnostics segment, which includes molecular diagnostics and breast cancer diagnostics, reported revenue of $440.8 million, with an organic growth of 5.5% compared to the same period last year. The breast health segment, which includes breast biopsy systems and breast imaging systems, reported revenue of $385.0 million, with an organic growth of 6.9% compared to the same period last year.

Hologic's GYN surgical solutions segment also performed well, with revenue growth of 5.9% compared to the same period last year. The company's strong international presence and continued investment in research and development have contributed to its growth and market share in the medical technology sector.
As Hologic prepares to announce its Q1 2025 financial results, investors will be looking for insights into the company's performance and growth prospects. The company's focus on women's health, investment in molecular diagnostics, and strategic focus on its core strengths have enabled it to adapt to market changes and maintain growth in the face of competition. Hologic's strong cash flow and debt management strategies have also contributed to its overall financial performance.

In conclusion, Hologic's upcoming Q1 2025 financial results announcement provides an opportunity for investors to assess the company's performance and growth prospects. The company's focus on women's health, investment in molecular diagnostics, and strategic focus on its core strengths have enabled it to maintain a strong market position and continue to grow its revenue. As Hologic continues to innovate and expand its product offerings, investors can expect the company to maintain its competitive edge in the medical technology sector.
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