Technology solutions company Analogic Corporation (ALOG) reported an overall decline in top and bottom line results for the quarter, hurt by revenue decline, especially in the Medical Imaging segment of 12% year-over-year. Profit dipped 12.9% to $6.54 million.
Revenue for the quarter came in at $129.2 million, down 1.7% year-over-year. On a per share basis, GAAP net income plunged 11.8% to $0.52, while on an adjusted basis, Analogic’s earnings per share jumped 28.2%.
Most Popular
Microsoft (MSFT) reports higher revenue and profit for Q3 2024
Microsoft Corp. (NASDAQ: MSFT) on Thursday said its third-quarter 2024 earnings increased year-over-year, reflecting strong performance by the tech giant’s main operating segments. Third-quarter revenues came in at $61.86 billion,
GOOG, GOOGL Earnings: All you need to know about Alphabet’s Q1 2024 earnings results
Alphabet Inc. (NASDAQ: GOOG, GOOGL) reported its first quarter 2024 earnings results today. Revenues increased 15% year-over-year to $80.5 billion. Revenue growth was 16% in constant currency. Net income was
MRK Earnings: Merck Q1 2024 profit jumps on 9% revenue growth
Pharmaceutical company Merck & Co. Inc. (NYSE: MRK) reported a sharp increase in adjusted earnings for the first quarter of 2024, aided by an increase in revenues. First-quarter worldwide sales
