Analogic Corporation (NASDAQ:ALOG) delivered a profit and beat Wall Street’s expectations, AND beat the revenue expectation. The revenue beat is a positive sign to shareholders seeking high growth out of the company.
Analogic Corporation Earnings Cheat Sheet
Results: Adjusted Earnings Per Share increased 337.14% to $1.53 in the quarter versus EPS of $0.35 in the year-earlier quarter.
Revenue: Rose 10.06% to $166.2 million from the year-earlier quarter.
Actual vs. Wall St. Expectations: Analogic Corporation reported adjusted EPS income of $1.53 per share. By that measure, the company beat the mean analyst estimate of $0.76. It beat the average revenue estimate of $134.2 million.
Quoting Management: Jim Green, president and CEO, commented, “I am very pleased to report that we achieved record revenue in our fourth quarter and we met our stated FY2013 guidance of mid-to-upper single digit revenue growth and 1 point improvement in non-GAAP operating margin. With the structural changes we’ve made over the last year, we are now positioned to accelerate growth in our high-margin direct business.”
Key Stats (on next page)…