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Hologic Announces Fourth Quarter Fiscal 2013 Operating Results
Date:11/11/2013

ago and is fully integrated.
  • Breast Health revenues grew 1.7% to $234.2 million compared to $230.3 million in the prior year. This increase was driven primarily by service revenue growth of $3.6 million, or 4.3%, from the Company's growing installed base of digital mammography systems. The Company also had growth in product revenues as it continues to experience an increasing sales shift to 3D Dimensions systems from its 2D Selenia and 2D Dimensions systems. Product revenues from 3D Dimensions systems increased approximately $14.6 million, or 50.5% while, as expected, this growth was partially offset by an overall sales decline of 2D systems.
  • GYN Surgical revenues totaled $76.7 million compared to $79.7 million in the prior year, a decrease of 3.8%. Significant growth in MyoSure system sales was offset by lower NovaSure system sales.
  • Skeletal Health revenues totaled $21.2 million compared to $25.1 million in the prior year, a decrease of 15.3%, resulting from decreases in sales of both mini C-arm and bone densitometry systems.
  • Highlights:Product Approval:

    On November 7, 2013, the Company announced FDA approval of its Aptima HPV 16 18/45 genotype assay on its fully-automated Panther system. The Aptima HPV 16 18/45 genotype assay is the first FDA-approved test for genotyping human papillomavirus (HPV) types 16, 18 and/or 45. The test is performed from a sample drawn from a ThinPrep liquid cytology specimen. The addition of the Aptima HPV 16 18/45 genotype assay to the Panther system's testing menu extends the capability of low-to-high-volume laboratories to run multiple tests from a single specimen, on a cost-effective, highly-flexible, and fully-automated molecular testing platform.

    Improved Balance Sheet and Financial Flexibility with Refinancing and Partial Prepayments of Term B:

    On October 31, 2013, the Company voluntarily prepaid $100 million on its Term B. In addition, on August 2, 2013
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    SOURCE Hologic, Inc.
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