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Hologic — May 2, 2024 release

Fiscal 2024 second-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0001140361-24-023989
Open on SEC.gov ↗
Showing in the filing
Diluted shares outstanding
“approximately 238 million”
Period
FY2024
Measure
Company-defined measure
Source
Prose
All guidance in this release · 24
Non-GAAP tax rate for FY2024
“approximately 19.75%”
Non-GAAP tax rate for FY2024
“approximately 19.75%”
Diluted shares outstanding for FY2024
“approximately 238 million”
Revenue for FY2024
“$4,000 - $4,050”
Revenue Reported % Increase (Decrease) for FY2024
“(0.8%) to 0.5%”
Revenue Constant Currency % Increase (Decrea… for FY2024
“(0.8%) to 0.4%”
Revenue Organic excluding COVID-19 % Increase for FY2024
“5.1% to 6.5%”
GAAP EPS for FY2024
“$3.45 - $3.55”
GAAP EPS Reported % Increase (Decrease) for FY2024
“88.5% to 94.0%”
Non-GAAP EPS for FY2024
“$4.02 - $4.12”
Non-GAAP EPS Reported % Increase (Decrease) for FY2024
“1.5% to 4.0%”
Revenue for Q3 FY2024
“$992.5 - $1,007.5”
Revenue Reported % Increase (Decrease) for Q3 FY2024
“0.8% to 2.4%”
Revenue Constant Currency % Increase (Decrea… for Q3 FY2024
“1.2% to 2.7%”
Revenue Organic excluding COVID-19 % Increase for Q3 FY2024
“4.0% to 5.6%”
GAAP EPS for Q3 FY2024
“$0.80 - $0.87”
GAAP EPS - Reported % Increase (Decrease) for Q3 FY2024
“600.0% to 643.8%”
Non-GAAP EPS for Q3 FY2024
“$0.98 - $1.05”
Non-GAAP EPS - Reported % Increase (Decrease) for Q3 FY2024
“5.4% to 12.9%”
Impact of four fewer selling days on full-year for FY2024
“a headwind of more than 100 bps”
Selling days headwind factored into for FY2024
“more than 100 bps”
Current revenue midpoint for FY2024
“$4,025 million ($4,022 million in constant currency)”
Revenue midpoint for FY2024
“$4,025 million”
Revenue midpoint (constant currency) for FY2024
“$4,022 million”
Exhibit 99.1 · the passage around this item
… earlier in the release
“With a strong first half of fiscal 2024, we enter the second half of the year in a position of strength and confidence to deliver on our financial commitments for the year.” Hologic’s financial guidance for the second quarter and full year 2024 is shown in the table below. The guidance is based on a full year non-GAAP tax rate of approximately 19.75%, and diluted shares outstanding of approximately 238 million for the full year. Constant currency guidance assumes that foreign exchange rates are the same in fiscal 2024 as in fiscal 2023. Organic revenue guidance for fiscal 2024 is in constant currency and excludes the divested Blood Screening and SSI ultrasound imaging businesses. Revenue from acquired businesses is generally included in organic revenue guidance starting a year after the acquisition. In fiscal 2024, all prior transactions are included in Hologic’s organic revenue base. Organic revenue excluding COVID-19 is in constant currency and is organic revenue excluding COVID-19 assay revenue, COVID-19 related revenue, and discontinued product sales in Diagnostics.       Current Guidance*   Previous Guidance         Guidance $   Reported % Increase (Decrease) Constant Currency % Increase (Decrease) Organic excluding COVID-19 % Increase   Guidance $   Fiscal 2024                     Revenue     $4,000 - $4,050   (0.8%) to 0.5% (0.8%) to 0.4% 5.1% to 6.5%   $3,990-$4,065   GAAP EPS     $3.45 - $
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.