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![HOLOGIC INC [HOLX] reports $456.0M profit for year ended Sep 30, 2023](/_next/image?url=https%3A%2F%2F10kinfo-appdata.s3.us-west-2.amazonaws.com%2Fedgar0105%2FCompanyLogos%2FUS%2FHOLX.png&w=1200&q=75)
HOLOGIC INC [HOLX] has reported $456.0M profit for year ended Sep 30, 2023.
The Marlborough, Massachusetts based company recorded net profit of $456.0M on operating income of $668.4M. Earnings per share rose to $1.8.
In the 12 months ended September 30, 2023, Hologic reported revenue from product and services of $4,030.4 million, which is a decrease of $832.4 million compared to the previous year's revenue of $4,862.8 million. The cost of goods sold for the same period was $1,184.3 million, slightly higher than the previous year's cost of $1,166.1 million. Hologic's net income for the current reporting period was $456.0 million, which is significantly lower than the net income of $1,302.0 million in the previous year. The earnings per share for Hologic in the current period were $1.85 for basic and $1.83 for diluted, while in the previous year, the earnings per share were $5.18 for basic and $5.13 for diluted. It is important to note that the weighted average number of shares outstanding decreased from 251,527 in the previous year to 246,772 in the current period. Overall, Hologic's financial performance in the current reporting period showed a decrease in revenue and net income compared to the previous year.
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