Hologic Appoints Jack Cumming As CEO

(RTTNews) - Hologic, Inc. (HOLX) said Thursday that it has appointed Jack Cumming as President and Chief Executive Officer, effective immediately.

Cumming joined Hologic in 2001 and served as Chief Executive Officer from 2001 to 2009.

Cumming succeeds Robert Cascella, who has stepped down for personal reasons. Cascella will serve as an advisor to Hologic through the end of November 2013.

The company also said that it expects to report third quarter revenues of about $626 million and adjusted earnings per share of $0.38.

The preliminary results are in-line with the company's guidance previously provided on May 6, which called for revenues in a range of $625 million to $630 million and adjusted earnings of $0.36 to $0.37 per share.

Analysts currently estimate earnings of $0.37 per share for the quarter on revenues of $626.82 million.

The company will report final third quarter financial results on August 5.