Hologic — Jul 29, 2024 release
Fiscal 2024 third-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0001140361-24-034651
Showing in the filing
Diluted shares outstanding
“approximately 238 million”
Period
FY2024
Measure
Company-defined measure
Source
Prose
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
We are on track for a strong finish to fiscal 2024.”
Hologic’s financial guidance for the fourth 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, SSI ultrasound
imaging, and Endomagnetics businesses. Revenue from acquired businesses is generally included in organic revenue guidance starting a year after the acquisition. 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
$4,012 - $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
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.