Analogic Corp. Reveals 77% Increase In Q1 Profit

(RTTNews) - Analogic Corp. (ALOG) reported a profit for its first quarter that climbed from last year.

The company said its bottom line totaled $9.50 million, or $0.75 per share. This was up from $5.37 million, or $0.43 per share, in last year's first quarter.

Analysts had expected the company to earn $0.43 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter fell 11.8% to $106.88 million. This was down from $121.12 million last year.

Analogic Corp. earnings at a glance:

-Earnings (Q1): $9.50 Mln. vs. $5.37 Mln. last year. -Earnings Growth (Y-o-Y): 76.9% -EPS (Q1): $0.75 vs. $0.43 last year. -EPS Growth (Y-o-Y): 74.4% -Analysts Estimate: $0.43 -Revenue (Q1): $106.88 Mln vs. $121.12 Mln last year. -Revenue Change (Y-o-Y): -11.8%

-Guidance: Full year EPS guidance: $2.75 to $2.90 Full year revenue guidance: $450 - $460 Mln