Hologic, Inc.

HOLX
Sector

Healthcare

Industry

Medical Instruments & Supplies

Market Cap

$16.61B

Employees

7.1K

Company Overview

Hologic, Inc. is a developer, manufacturer, and supplier of premium diagnostics products, medical imaging systems, and surgical products focused on women's health and well-being. The company's core business model revolves around early detection and treatment, with primary revenue streams from molecular diagnostic assays, 3D digital mammography systems, and hysteroscopic tissue removal systems. Hologic operates in key markets globally, with a strong geographic presence in the U.S., Europe, and Asia-Pacific.

Filing Highlights

Key insights and themes extracted from this filing

10 Themes

Financial Performance

3 Insights

Total revenue increased slightly from $1,013.1 million to $1,021.8 million YoY. Product revenue decreased from $828.1 million to $817.9 million, primarily due to a decrease in Breast Health revenue, offsetting gains in Diagnostics and GYN Surgical.

Operating income increased significantly from $198.2 million to $229.8 million YoY. This increase is attributed to a decrease in operating expenses, partially offset by a decline in gross profit.

Net income increased from $246.5 million to $201.0 million YoY. This increase is due to improved operating income and a favorable tax rate compared to the prior year, which included a significant discrete tax benefit.

Growth & Strategy

3 Insights

Management Execution

3 Insights

Risk Factors

1 Insight

Competitive Position

3 Insights

Operational Efficiency

3 Insights

Innovation & Technology

2 Insights

Capital Allocation

3 Insights

ESG initiatives

1 Insight

Market Environment

2 Insights