logo
  

Analogic Corp. (ALOG) Is Down Sharply After Q4 Revenues Fell Short

Analogic Corp. (ALOG) reported fourth quarter adjusted EPS of $1.36 after the bell Monday, down from $1.53 last year. Revenues fell 15% to $142.0 million from $166.2 million a year ago. The consensus estimates were for EPS of $1.24 and revenues of $150.37 million.

Analogic gapped open sharply lower Tuesday morning and is now down 2.74 at $68.76 in early trade. The stock is now testing the lows of the year, trading at a 2-week low.

For comments and feedback contact: editorial@rttnews.com

Business News

Get Access to Premium Stock Alerts with RTT Intelligent Investor.

This week, we feature Nigeria’s combat with meningitis, Hostile takeover bid for Vanda Pharma, US opioid crisis, Sammy’s Milk’s safety concerns, and X4’s Mavorixafor’s fast-track status.

View More Videos
Follow RTT