Hologic Inc Q3 adjusted earnings Beat Estimates

(RTTNews) - Hologic Inc (HOLX) released a profit for its third quarter that increased from last year.

The company's bottom line came in at $112.9 million, or $0.41 per share. This compares with $59.5 million, or $0.21 per share, in last year's third quarter.

Excluding items, Hologic Inc reported adjusted earnings of $159.1 million or $0.58 per share for the period.

Analysts had expected the company to earn $0.56 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 2.2% to $824.0 million from $806.1 million last year.

Hologic Inc earnings at a glance:

-Earnings (Q3): $159.1 Mln. vs. $144.9 Mln. last year. -EPS (Q3): $0.58 vs. $0.50 last year. -Analysts Estimate: $0.56 -Revenue (Q3): $824.0 Mln vs. $806.1 Mln last year.