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Hologic Announces Third Quarter Fiscal 2011 Operating Results
Date:8/1/2011

l 2011 revenue overview by segment:

  • Breast Health revenues, which include the Company's mammography, Computer-Aided Detection (CAD), breast biopsy, Magnetic Resonance Imaging (MRI) breast coil, MammoSite and AEG products, increased to $205.2 million for the third quarter compared to $189.3 million for the same period in fiscal 2010, an increase of 8.4%. Revenue growth this quarter was driven primarily by an increase in service revenues related to our growing installed base of digital mammography systems. Product revenue growth was driven primarily by a combination of: (i) the shift in sales from Selenia to Dimensions; (ii) stronger sales of breast biopsy products, led by Eviva; and (iii) the inclusion of breast coil sales related to our acquisition of Sentinelle in August 2010.

  • Diagnostics revenues, which include the Company's ThinPrep products, Rapid Fetal Fibronectin test, Cervista HPV tests, and other molecular diagnostics products, totaled $143.4 million for the third quarter compared to $137.4 million for the same period of fiscal 2010, an increase of 4.4%. Sales growth was driven primarily by a combination of strong growth in Cervista HPV revenue and higher ThinPrep volume.

  • GYN Surgical revenues, which include the Company's NovaSure, Adiana and MyoSure systems, totaled $79.4 million for the third quarter compared to $71.6 million for the same period of fiscal 2010, an increase of 10.9%. This increase was primarily due to the inclusion of MyoSure revenues and growth in sales of both the NovaSure and Adiana products.

  • Skeletal Health revenues, which mainly include the Company's osteoporosis assessment and mini C-arm product lines, totaled $23.1 million for the third quarter compared to $22.4 million for the same period of fiscal 2010, an increase of 3.2%. This increase was primarily the result of an increase in bone densitometry unit sales.

  • Acquisitions of TCT and Healthcome:On June
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    SOURCE Hologic, Inc.
    Copyright©2010 PR Newswire.
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