Analogic Corp. (ALOG) reported third quarter adjusted EPS of $0.76 after the close Tuesday, compared to the consensus estimate of $0.66. Total net revenues for the quarter were $125.77 million, up 4% from $121.27 million last year, while analysts expected revenues of $135.98 million.
Analogic gapped open lower Wednesday and declined during the first half of the morning. The stock recovered some ground in late trade, but finished down by 4.19 at $76.12. Analogic dropped to over a 2 1/2 month low.
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