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Hologic Announces Third Quarter Fiscal 2013 Operating Results
Date:8/5/2013

BEDFORD, Mass., Aug. 5, 2013 /PRNewswire/ -- Hologic, Inc. (Hologic or the Company) (NASDAQ: HOLX), a leading developer, manufacturer and supplier of premium diagnostics products, medical imaging systems and surgical products, with an emphasis on serving the healthcare needs of women, today announced its results for the third fiscal quarter ended June 29, 2013.

Highlights of the Quarter Include:

  • Revenues of $626.1 million.
  • Net loss of $11.0 million, or $0.04 per diluted share, calculated in accordance with U.S. generally accepted accounting principles (GAAP).
  • Non-GAAP net income of $103.2 million, or $0.38 per diluted share, and adjusted EBITDA (non-GAAP earnings before interest, taxes, depreciation and amortization) of $227.5 million.
  • Announced a strategic alliance with Quest Diagnostics to more broadly offer testing based on Hologic's Aptima family of products, as well as to co-develop and promote advanced diagnostic solutions to improve women's health.
  • Publication of the results of three large scale clinical studies on the benefits of Hologic's 3D Dimensions Tomosynthesis in breast cancer screening. The study findings were consistent – Hologic's tomosynthesis system reduces recall rates while simultaneously improving cancer detection.
  • KLAS, a research firm specializing in reporting on the performance of healthcare vendors, announced in their annual survey of healthcare executives and clinicians that users surveyed ranked Hologic's 3D Dimensions, 2D Selenia, and 2D Dimensions mammography systems first, second, and third, respectively, in the digital mammography category.
  • Highlights Subsequent to the Quarter Include:

  • August 2, 2013 – Improved financial flexibility with the Term Loan B facility (Term B) refinancing and associated Credit Agreement amendments, which reduced the i
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  • SOURCE Hologic, Inc.
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