HOLX Upside surprise: stock up 12%
HOLX not only beat expectations, they raised 07 guidance
For the most recent quarter
* Earnings up 150% (to $0.3 from $0.12) and bet expectations by 25%
* Revenue up 86%, beating expectations by 1%
Interestingly, earnings this quarter include $0.13 of special expenses, so I would normally ignore this when comparing sales success and margins.
Backlog also increased 13%.
As a result, 07 sales guidance was raised $50M or ~8%.
For the most recent quarter
* Earnings up 150% (to $0.3 from $0.12) and bet expectations by 25%
* Revenue up 86%, beating expectations by 1%
Interestingly, earnings this quarter include $0.13 of special expenses, so I would normally ignore this when comparing sales success and margins.
Backlog also increased 13%.
As a result, 07 sales guidance was raised $50M or ~8%.
posted by Andrew at
8:41 AM
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