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Analogic Corp. (ALOG) Rose Sharply On Q2 Earnings News

Analogic Corp. (ALOG) reported second quarter non-GAAP net income of $1.05 per share after the bell Monday, compared to $1.02 per share last year. The consensus estimate was for EPS of $0.62.

Analogic gapped open sharply higher Tuesday, but traded in a range for the majority of the session. The stock closed up by 6.05 at $79.68 on above average volume. Analogic rose to a month and a half high and re-crossed its 50-day moving average.

by RTT Staff Writer

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