NASDAQ$HOLX

Hologic Inc · Q4 2024 earnings

Q4 2024 earnings · · Investor relations

Briefing

Hologic's Q4 2024 earnings were announced, with revenue of $987.9 million and GAAP diluted EPS of $0.76.

Hologic reported a strong fiscal fourth quarter in 2024, with a 4.5% increase in revenue to $987.9 million. GAAP diluted EPS was $0.76, and non-GAAP diluted EPS was $1.01. The company expects strong execution of its broad-based growth strategy in fiscal 2025.

  • Revenue increased by 4.5% to $987.9 million.
  • Diagnostics revenue increased 6.5%, driven by higher Molecular Diagnostics sales.
  • Breast Health revenue increased 6.4%, driven by strong Breast Imaging Service revenue and the addition of Endomagnetics.
  • The Company intends to enter into an accelerated share repurchase (ASR) agreement for $250 million of the Company’s common stock.

Headline financials

Total Revenue

$988M

Previous: $945M+4.5%
EPS (adj)

$1.01

Previous: $0.89+13.5%
GAAP Gross Margin

56.5%

No prior period
Non-GAAP Gross Margin

61.5%

No prior period
Operating Margin

23.3%

No prior period
Non-GAAP Operating Margin

30.0%

No prior period
Net Margin

18.1%

No prior period
Non-GAAP Net Margin

24.0%

No prior period
Capital Expenditures

-$30.3M

Previous: -$52.5M+42.3%
Net Income

$178.60

Previous: $90.6M-100.0%
Operating Income

$230.10

Previous: $133M-100.0%
Gross Profit

$557.70

Previous: $500M-100.0%
R&D Expense

$67.3M

No prior period
Stock-Based Comp

$13.2M

Previous: $19M-30.5%

Revenue & EPS history

Hologic · Revenue · Quarterly

$988M

Q4 2024+4.5%vs Q4 2023
Beat estimate in 14 of 16 quarters(88%)
ActualEstimate

Revenue by segment

Hologic · $769M total across 2 segments · Q4 2023

  • Diagnostics
    $416M-20.1%
  • Breast Health
    $353M+28.2%

Forward guidance

Hologic provided financial guidance for the first quarter and full year 2025, incorporating the expected impact from the ongoing temporary stop-ship of Horizon DXA systems (Skeletal).

Tailwinds

  • Fiscal 2025 Revenue is expected to be $4,150 - $4,200
  • Fiscal 2025 GAAP EPS is expected to be $3.53 - $3.63
  • Fiscal 2025 Non-GAAP EPS is expected to be $4.25 - $4.35
  • Q1 2025 Revenue is expected to be $1,025 - $1,035
  • Q1 2025 Non-GAAP EPS is expected to be $1.00 - $1.03

Headwinds

  • Fiscal 2025 Revenue reported % increase (decrease) is expected to be 3.0% to 4.2%
  • Fiscal 2025 Revenue Constant Currency % Increase (Decrease) is expected to be 2.3% to 3.5%
  • Fiscal 2025 Revenue Organic % Increase (Decrease) is expected to be 1.7% to 3.0%
  • Fiscal 2025 Revenue Organic excluding COVID-19 % Increase (Decrease) is expected to be 3.4% to 4.7%
  • Q1 2025 GAAP EPS is expected to be between $0.81 - $0.84, a decrease of (21.4%) to (18.4%)

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q4 2024

Historical avgQ4 2024

-0.5%

Avg return

Earnings day

+0.2%

Avg return

5 days after

-0.1%

Avg return

30 days after

49%

35 / 72 earnings

Positive

+12.3%

Q3 2020

Best reaction

-11.4%

Q2 2012

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q2 2026
Q1 2026+0.0%-0.6%+0.7%
Q4 2025+0.1%+0.1%+0.9%
Q3 2025+2.8%+4.4%+3.3%
Q2 2025-5.6%-3.2%+8.5%
Q1 2025-10.1%-11.4%-11.3%
Q4 2024-4.3%-4.3%-6.6%
Q3 2024+4.9%+6.4%+2.2%
Q2 2024+0.3%-0.2%-3.3%
Q1 2024-2.7%-0.4%-1.1%
Q4 2023+5.7%+5.4%+0.1%
Q3 2023-5.1%-5.9%-5.4%
Q2 2023-2.4%-2.6%-8.3%
Q1 2023+3.8%+3.6%-1.1%
Q4 2022+10.8%+12.4%+13.8%
Q3 2022+1.0%+1.3%-3.4%
Q2 2022+1.2%+3.4%+9.8%
Q1 2022+4.0%+3.8%+2.4%
Q4 2021-3.3%-5.9%-0.3%
Q3 2021+2.3%+5.0%+9.7%
Q2 2021-9.1%-9.9%-13.4%
Q1 2021+1.7%+11.2%-3.3%
Q4 2020+6.6%-5.0%+1.7%
Q3 2020+12.3%+14.8%-2.8%
Q2 2020+2.9%+2.6%+8.9%
Q1 2020-0.7%-1.8%-13.7%
Q4 2019-4.0%+8.8%+10.3%
Q3 2019-1.3%-6.5%-4.1%
Q2 2019-0.1%+0.7%-5.1%
Q1 2019+0.6%-0.5%+8.6%
Q4 2018+4.9%+1.2%+3.7%
Q3 2018-3.5%-1.9%-7.5%
Q2 2018-6.9%-6.8%-3.9%
Q1 2018-6.7%-6.6%-2.2%
Q4 2017+0.4%+2.9%+8.1%
Q3 2017-9.3%-11.3%-12.5%
Q2 2017-4.3%-5.1%-2.0%
Q1 2017-2.6%-2.9%+1.8%
Q4 2016+4.3%+8.5%+6.3%
Q3 2016+3.9%+5.8%+5.3%
Q2 2016-10.0%
Q1 2016-9.2%
Q4 2015+0.6%
Q3 2015+8.6%
Q2 2015+2.1%
Q1 2015+5.1%
Q4 2014-1.7%
Q3 2014+2.1%
Q2 2014+8.1%
Q1 2014-5.9%
Q4 2013-6.9%
Q3 2013-0.2%
Q2 2013+0.1%
Q1 2013-4.1%
Q4 2012-0.3%
Q3 2012-0.4%
Q2 2012-11.4%
Q1 2012+5.2%
Q4 2011-4.0%
Q3 2011-3.9%
Q2 2011-0.6%
Q1 2011+0.0%
Q4 2010+1.2%
Q3 2010+1.2%
Q2 2010-2.6%
Q1 2009-2.8%
Q1 2010-1.1%
Q2 2009+2.9%
Q4 2007+2.9%
Q4 2009+2.9%
Q3 2009-3.0%
Q3 2008-3.0%
Q4 2008-3.0%

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