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Hologic Inc - HOLX STOCK NEWS

Welcome to our dedicated page for Hologic news (Ticker: HOLX), a resource for investors and traders seeking the latest updates and insights on Hologic stock.

Overview of Hologic, Inc.

Hologic, Inc. (HOLX) is a global healthcare company dedicated to advancing women's health through innovative medical technologies. Headquartered in Bedford, Massachusetts, Hologic operates across four primary business segments: Diagnostics, Breast Health, Surgical, and Skeletal Health. With a mission encapsulated in its ethos, 'The Science of Sure,' Hologic focuses on delivering accurate, reliable, and cutting-edge solutions that empower healthcare providers and improve patient outcomes globally. The company's products address critical health challenges, particularly in the early detection and treatment of diseases, enabling healthier lives for women everywhere.

Core Business Segments

  • Diagnostics: This segment represents a significant portion of Hologic's revenue, driven by proprietary molecular diagnostic technologies and assays. The acquisition of Gen-Probe has bolstered Hologic's capabilities in commercial diagnostics, enabling the company to offer advanced solutions for infectious disease detection and women's health testing.
  • Breast Health: Hologic is a leader in breast imaging technologies, including mammography and tomosynthesis systems. These systems are designed to enhance early detection of breast cancer, providing healthcare providers with highly accurate diagnostic tools.
  • Surgical: This segment focuses on minimally invasive surgical products, addressing conditions such as abnormal uterine bleeding. Hologic's surgical solutions are designed to improve patient outcomes while reducing recovery times.
  • Skeletal Health: Although a smaller segment, Hologic offers bone densitometry and body composition assessment solutions, primarily targeting osteoporosis management and related conditions.

Market Presence and Geographic Reach

Hologic generates the majority of its revenue from the United States, which accounts for approximately 69% of its total sales. The company also has a strong presence in Europe, Asia, and other international markets, reflecting its global reach and commitment to addressing women's health needs worldwide. By leveraging its specialized expertise and innovative technologies, Hologic has established itself as a key player in the healthcare industry.

Competitive Positioning

Hologic operates in a competitive landscape alongside major healthcare companies such as GE Healthcare and Siemens Healthineers. Its differentiation lies in its focused commitment to women's health, supported by a robust portfolio of proprietary technologies. The company's emphasis on precision, reliability, and innovation positions it uniquely in the market, enabling it to address specific healthcare challenges with tailored solutions.

Challenges and Opportunities

As a specialized healthcare company, Hologic faces challenges such as navigating complex regulatory environments, maintaining innovation, and managing competition from broader healthcare firms. However, its targeted focus on women's health, combined with its commitment to advancing diagnostic and surgical technologies, presents significant opportunities for growth and impact. By continuously investing in research and development, Hologic aims to expand its product offerings and enhance its global footprint.

Conclusion

Hologic, Inc. stands out as a dedicated innovator in the healthcare industry, with a mission to improve women's health through precise and reliable medical technologies. Its diversified business model, spanning diagnostics, breast health, surgical, and skeletal health, underscores its commitment to addressing critical health challenges. With a strong market presence and a focus on delivering impactful solutions, Hologic remains a trusted partner for healthcare providers and a vital contributor to advancing global health outcomes.

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Hologic, Inc. and Biotheranostics, Inc. announce study results showing 40% of patients with early-stage HR+ breast cancer had treatment recommendations changed based on the Breast Cancer Index test. The test helps identify women who may benefit from extended anti-estrogen therapy, avoiding both overtreatment and undertreatment.
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Hologic, Inc. (Nasdaq: HOLX) presents new research in artificial intelligence (AI) at the annual European Congress of Radiology, showcasing the potential of deep-learning solutions in breast cancer detection. Dr. Sarah M. Friedewald will discuss the impact of Hologic's Genius AI® Detection solution on workflow efficiency and patient care. The company also highlights the superiority of its AI algorithm over traditional CAD algorithms, emphasizing innovation and collaboration with Bayer on contrast-enhanced mammography.
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Hologic, Inc. (HOLX) to present at Raymond James' Institutional Investors Conference and Needham Virtual Healthcare Conference. Webcasts available for 30 days post-event.
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Hologic, Inc. has received FDA clearance for its Genius™ Digital Diagnostics System with the Genius™ Cervical AI algorithm, the first FDA-cleared digital cytology system that combines deep-learning-based artificial intelligence with advanced volumetric imaging technology to help identify pre-cancerous lesions and cervical cancer cells.
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Hologic, Inc. (HOLX) reported revenue of $1,013.1 million, GAAP Diluted EPS of $1.03, and Non-GAAP Diluted EPS of $0.98, exceeding guidance. The company saw a 5.2% organic revenue growth excluding COVID-19, and delivered strong results in Breast Health and Surgical divisions. The financials for the first quarter of 2024 showed a decrease in revenue, primarily due to lower sales of COVID-19 assays compared to the prior year period. The company executed a $500 million accelerated share repurchase agreement (ASR), repurchased 2.2 million shares of its stock in open market trades for $150 million, and paid down $250 million of outstanding floating rate debt under its credit agreement. The company provided guidance for the second quarter and full year 2024, showing a strong outlook for fiscal 2024.
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The third annual Hologic Global Women’s Health Index reveals concerning trends in women's health, including billions of women untested for life-threatening conditions, worsening emotional health, and nearly 1 billion women living with physical pain. Taiwan tops the rankings of women’s health by country/territory, while the U.S. falls to number 30. Hologic, Inc. (Nasdaq: HOLX) partnered with Gallup to create the Index, which was launched at the World Economic Forum in Davos, Switzerland.
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Company XYZ, a leading women's health company (Ticker: XYZ), urges women to openly discuss their health issues with their doctors.
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Hologic, Inc. (Nasdaq: HOLX) reported preliminary revenue results for its first fiscal quarter ended December 30, 2023, totaling approximately $1,013.1 million, exceeding the most recent revenue guidance range of $960 to $985 million. Despite a decrease compared to the prior year period, the company achieved 5.2% organic constant currency revenue growth, surpassing expectations. The company's Chairman, President, and CEO, Steve MacMillan, emphasized strong organic revenue performance, estimating over 9% growth in total company organic revenue excluding COVID-19. The preliminary results highlight divisional revenue changes, with Breast Health showing significant growth of 13.0% and GYN Surgical growing by 5.3%. Hologic expects non-GAAP diluted earnings per share (EPS) to be towards the high-end of the guidance range of $0.92 to $0.97 and plans to provide full financial results on February 1, 2024.
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Hologic, Inc. (Nasdaq: HOLX) will release its first quarter fiscal 2024 financial results on February 1, after the market closes. Management will host a conference call at 4:30 p.m. Eastern Time. Interested participants can join the call by dialing (888) 394-8218 (US and Canada) or +1 (773) 305-6853 (international callers) with access code 5909239. A live and webcast replay will be available on the Company’s website at https://investors.hologic.com for 30 days.
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Hologic, Inc. (Nasdaq: HOLX) to Present at 42nd Annual J.P. Morgan Healthcare Conference
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FAQ

What is the current stock price of Hologic (HOLX)?

The current stock price of Hologic (HOLX) is $62.5 as of March 6, 2025.

What is the market cap of Hologic (HOLX)?

The market cap of Hologic (HOLX) is approximately 14.1B.

What does Hologic, Inc. specialize in?

Hologic specializes in women's health, offering innovative diagnostic imaging systems, surgical products, and molecular diagnostic solutions.

What are Hologic's primary business segments?

Hologic operates in four segments: Diagnostics, Breast Health, Surgical, and Skeletal Health, each addressing specific healthcare needs.

Where does Hologic generate most of its revenue?

The majority of Hologic's revenue comes from the United States, followed by Europe, Asia, and other international markets.

How does Hologic differentiate itself from competitors?

Hologic focuses on women's health with proprietary technologies, emphasizing precision, reliability, and innovation in its solutions.

What challenges does Hologic face in its industry?

Hologic faces challenges such as regulatory complexities, maintaining innovation, and competition from broader healthcare companies.

What is the significance of Hologic's 'The Science of Sure' ethos?

Hologic's ethos, 'The Science of Sure,' reflects its commitment to accuracy, reliability, and trustworthiness in healthcare solutions.

What role does the Gen-Probe acquisition play in Hologic's business?

The acquisition of Gen-Probe strengthened Hologic's diagnostics segment, expanding its capabilities in molecular diagnostics and infectious disease testing.

What types of surgical solutions does Hologic offer?

Hologic provides minimally invasive surgical products, particularly for addressing conditions like abnormal uterine bleeding, improving patient outcomes.

What is Hologic's geographic market focus?

Hologic primarily focuses on the U.S. market but also has a significant presence in Europe, Asia, and other international regions.

What industries does Hologic compete in?

Hologic competes in the healthcare industry, particularly in diagnostics, imaging, surgical solutions, and women's health technology.
Hologic Inc

Nasdaq:HOLX

HOLX Rankings

HOLX Stock Data

14.09B
222.10M
0.8%
105.31%
2.71%
Medical Instruments & Supplies
X-ray Apparatus & Tubes & Related Irradiation Apparatus
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United States
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