1.02B 0.5%
Total Revenue QoQ (USD) - Q1 '24

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Income Statement (USD)

Q1 '24 QoQ
Revenue 1.02B 0.5%
Gross Profit 542M 4.4%
Cost of Revenue 476M 6.7%
Operating expense 332M 10.1%
Net Income 170M 31.1%
EBITDA 250M 8.2%

Balance Sheet (USD)

Q1 '24 QoQ
Total Assets 8.71B 2.9%
Total Liabilities 3.87B 1.4%
Total Equity 4.84B 4.1%
Shares Outstanding 236M 1.1%

Cash Flow (USD)

Q1 '24 QoQ
Cash from operations 292M 32.9%
Cash from investing -39M 63.1%
Cash from financing -4.2M 99.6%

EPS

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Financial Highlights for Hologic in Q1 '24

Hologic reported a revenue of 1.02B, which is a 0.5% change from the previous quarter. An increase in revenue typically indicates growing demand for the company's products or services. This positive change in revenue is a good sign, suggesting that the company's sales are moving in the right direction.

Gross Profit stood at 542M, marking a -4.4% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.

Cost of Revenue was 476M, a 6.7% difference from the previous quarter. A rising cost of revenue may suggest increased production or sales costs, which can impact margins. However, if accompanied by a proportionate rise in revenue, it could indicate scaling operations.

Operating Expenses for this period were 332M, showing a -10.1% change from the last quarter. Operating expenses cover the costs of running daily business operations. A significant increase might indicate inefficiencies or investments in growth, while a decrease could suggest cost-saving measures or potential underinvestment in key areas.

Net Income for the quarter was 170M, showing a -31.1% change from the prior quarter. Net income provides a clear picture of the company's profitability after all expenses. An increase suggests the company is becoming more profitable, while a decrease may raise concerns about the company's financial health, unless there are specific one-time costs or investments.

The company's EBITDA for the quarter was 250M, showing a 8.2% change from the previous period. EBITDA gives insight into the company's operational profitability, excluding non-operating expenses like interest and taxes. A rising EBITDA indicates strong operational performance, while a declining EBITDA may signal operational challenges or increased costs.

Hologic faced some challenges this quarter with a decline in one or more of the key metrics: revenue, gross profit, or net income. An increase in the cost of revenue, higher than the revenue growth, suggests potential margin pressures.

The analytics provided are estimates and not a substitute for professional advice. All investments involve risks, including possible capital loss.
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