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Hologic — Jul 29, 2024 release

Fiscal 2024 third-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0001140361-24-034651
Open on SEC.gov ↗
Showing in the filing
GAAP EPS
“$0.80 - $0.87”
Period
Q4 FY2024
Measure
GAAP-tied
Source
Guidance table
All guidance in this release · 20
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
“$4,012 - $4,027”
Revenue Reported % Increase (Decrease) for FY2024
“(0.4%) to (0.1%)”
Revenue Constant Currency % Increase (Decrea… for FY2024
“(0.5%) to (0.1%)”
Revenue Organic excluding COVID-19 % Increase for FY2024
“5.2% to 5.6%”
GAAP EPS for FY2024
“$3.37 - $3.44”
GAAP EPS Reported % Increase (Decrease) for FY2024
“84.2% to 88.0%”
Non-GAAP EPS for FY2024
“$4.04 - $4.11”
Non-GAAP EPS Reported % Increase (Decrease) for FY2024
“2.0% to 3.8%”
Revenue for Q4 FY2024
“$970 - $985”
Revenue Reported % Increase (Decrease) for Q4 FY2024
“2.6% to 4.2%”
Revenue Constant Currency % Increase (Decrea… for Q4 FY2024
“2.9% to 4.5%”
Revenue Organic excluding COVID-19 % Increase for Q4 FY2024
“5.0% to 6.6%”
GAAP EPS for Q4 FY2024
“$0.80 - $0.87”
GAAP EPS Reported % Increase (Decrease) for Q4 FY2024
“116.2% to 135.1%”
Non-GAAP EPS for Q4 FY2024
“$0.97 - $1.04”
Non-GAAP EPS Reported % Increase (Decrease) for Q4 FY2024
“9.0% to 16.9%”
Impact of four fewer selling days on full-year for FY2024
“a headwind of more than 100 bps”
Exhibit 99.1 · the passage around this item
… earlier in the release
  Current Guidance* Previous Guidance   Guidance $ Reported % Increase (Decrease) Constant Currency % Increase (Decrease) Organic excluding COVID-19 % Increase Guidance $ Fiscal 2024           Revenue $4,012 - $4,027 (0.4%) to (0.1%) (0.5%) to (0.1%) 5.2% to 5.6% $4,000 - $4,050 GAAP EPS $3.37 - $3.44 84.2% to 88.0%     $3.45 - $3.55 Non-GAAP EPS $4.04 - $4.11 2.0% to 3.8%     $4.02 - $4.12             Q4 2024           Revenue $970 - $985 2.6% to 4.2% 2.9% to 4.5% 5.0% to 6.6%   GAAP EPS $0.80 - $0.87 116.2% to 135.1%       Non-GAAP EPS $0.97 - $1.04 9.0% to 16.9%       *Fiscal 2024 has four fewer selling days compared to fiscal 2023. Factored into our guidance, we estimate the impact of the four fewer selling days to be a headwind of more than 100 bps for the full year. Fiscal 2024 and Q4 guidance incorporates Q3 performance, the addition of Endomagnetics, and impact from the temporary stop-ship of Horizon DXA systems (Skeletal) due to a non-conformance issue. Use of Non-GAAP Financial Measures The Company has presented the following non-GAAP financial measures in this press release: constant currency revenues; organic revenues; organic revenues excluding COVID-19; non-GAAP gross margin; non-GAAP operating expenses; non-GAAP operating margin; non-GAAP effective tax rate; non-GAAP net income; non-GAAP net margin; non-GAAP EPS; adjusted EBITDA; adjusted net leverage ratio and adjusted ROIC. Organic revenue for the fiscal third quarter of 2024 excludes the divested Blood Screening and SSI ultrasound imaging businesses. Revenue from acquired businesses is generally included in organic revenue starting a year aft
later in the release …
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other guidance in this release
Text is the filed exhibit, verbatim.