U.S. Markets closed

Analogic posts 2Q profit

PEABODY, Mass. (AP) _ Analogic Corp. (ALOG) on Monday reported fiscal second-quarter net income of $7.5 million, after reporting a loss in the same period a year earlier.

On a per-share basis, the Peabody, Massachusetts-based company said it had net income of 59 cents. Earnings, adjusted for one-time gains and costs, came to 99 cents per share.

The maker of medical and security imaging equipment posted revenue of $131.5 million in the period.

Analogic expects full-year earnings in the range of $3 to $3.45 per share.

Analogic shares have climbed roughly 1 percent since the beginning of the year. In the final minutes of trading on Monday, shares hit $83.55, a climb of 11 percent in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ALOG at https://www.zacks.com/ap/ALOG


Keywords: Analogic, Earnings Report