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Analogic Corp. Reveals 77% Increase In Q1 Profit

Analogic Corp. (ALOG) reported a profit for its first quarter that climbed from last year.

The company said its bottom line totaled $9.50 million, or $0.75 per share. This was up from $5.37 million, or $0.43 per share, in last year's first quarter.

Analysts had expected the company to earn $0.43 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter fell 11.8% to $106.88 million. This was down from $121.12 million last year.

Analogic Corp. earnings at a glance:

-Earnings (Q1): $9.50 Mln. vs. $5.37 Mln. last year.
-Earnings Growth (Y-o-Y): 76.9%
-EPS (Q1): $0.75 vs. $0.43 last year.
-EPS Growth (Y-o-Y): 74.4%
-Analysts Estimate: $0.43
-Revenue (Q1): $106.88 Mln vs. $121.12 Mln last year.
-Revenue Change (Y-o-Y): -11.8%

-Guidance:
Full year EPS guidance: $2.75 to $2.90
Full year revenue guidance: $450 - $460 Mln

by RTTNews Staff Writer

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