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Hologic Announces Fourth Quarter and Fiscal 2008 Operating Results
Date:11/11/2008

Fourth Quarter Revenues Increase to Record High

BEDFORD, Mass., Nov. 11 /PRNewswire-FirstCall/ -- Hologic, Inc. (Hologic or the Company) (Nasdaq: HOLX), a leading developer, manufacturer and supplier of premium diagnostics, medical imaging systems and surgical products dedicated to serving the healthcare needs of women, today announced its results for the fourth quarter and fiscal year ended September 27, 2008.
Highlights of the quarter include:

-- Record revenues of $442.5 million.

-- Record 452 Selenia full field digital mammography systems installed and

recognized as revenue.

-- First Selenia Dimensions "Tomosynthesis/3-D" digital mammography

systems installed internationally and recognized as revenue while

building a backlog for delivery in future quarters.

-- Fourth quarter 2008 net loss was $144.4 million or $0.56 per diluted

share, calculated in accordance with generally accepted accounting

principles in the U.S. (GAAP). This net loss included significant

charges relating to the Third Wave acquisition.

-- Fourth quarter 2008 non-GAAP adjusted net income was $77.2 million, or

$0.30 per diluted share, and adjusted EBITDA (earnings before interest,

taxes, depreciation and amortization) was $155.3 million. A

reconciliation of GAAP to non-GAAP results is included as an attachment

to this press release.

-- Acquisition of Third Wave Technologies on July 24, 2008.

-- Term loan reduced from an initial balance of $540 million at July 24,

2008, to fund the Third Wave acquisition, to $465 million at September

27, 2008.

Fourth quarter fiscal 2008 revenues totale
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SOURCE Hologic, Inc.
Copyright©2008 PR Newswire.
All rights reserved

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