2019 08 20 21 43 1377 Hologic Aacc 2019 400

Hologic posted strong revenues for its fiscal third quarter. The company attributed the solid financial results in part to recovery from the COVID-19 pandemic.

For the period (end-June 26), Hologic reported revenue of $1.168 billion, up 42% from $822.9 million for the same quarter last year. It posted third-quarter sales for its Diagnostics division of $665.5 million, up 24% from $524.4 million in 2020.

Finally, the company's net income for the quarter was $268.4 million, an increase of 94.6% over net income reported in the third quarter of 2020.

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