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Hologic — Nov 4, 2024 release

Fiscal 2024 fourth-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0001140361-24-045107
Open on SEC.gov ↗
Showing in the filing
Accelerated share repurchase (ASR) agreement
“$250 million”
Period
Q1 FY2025
Measure
Declared action
Source
Prose
All guidance in this release · 24
Accelerated share repurchase (ASR) agreement for Q1 FY2025
“$250 million”
Anticipated closing of Gynesonics acquisition for FY2025
“first half of calendar year 2025”
Non-GAAP tax rate ( basis) for FY2025
“approximately 19.5%”
Non-GAAP tax rate for FY2024
“approximately 19.5%”
Diluted shares outstanding ( basis) for FY2025
“approximately 235 million”
Diluted shares outstanding for FY2024
“approximately 235 million”
Revenue for FY2025
“$4,150 - $4,200”
Revenue Reported % Increase (Decrease) for FY2025
“3.0% to 4.2%”
Revenue Constant Currency % Increase (Decrea… for FY2025
“2.3% to 3.5%”
Revenue Organic % Increase (Decrease) for FY2025
“1.7% to 3.0%”
Revenue Organic excluding COVID-19 % Increas… for FY2025
“3.4% to 4.7%”
GAAP EPS for FY2025
“$3.53 - $3.63”
GAAP EPS Reported % Increase (Decrease) for FY2025
“6.3% to 9.3%”
Non-GAAP EPS for FY2025
“$4.25 - $4.35”
Non-GAAP EPS Reported % Increase (Decrease) for FY2025
“4.2% to 6.6%”
Revenue for Q1 FY2025
“$1,025 - $1,035”
Revenue Reported % Increase (Decrease) for Q1 FY2025
“1.2% to 2.2%”
Revenue Constant Currency % Increase (Decrea… for Q1 FY2025
“0.4% to 1.4%”
Revenue Organic % Increase (Decrease) for Q1 FY2025
“(0.2%) to 0.8%”
Revenue Organic excluding COVID-19 % Increas… for Q1 FY2025
“1.8% to 2.8%”
GAAP EPS for Q1 FY2025
“$0.81 - $0.84”
GAAP EPS Reported % Increase (Decrease) for Q1 FY2025
“(21.4%) to (18.4%)”
Non-GAAP EPS for Q1 FY2025
“$1.00 - $1.03”
Non-GAAP EPS Reported % Increase (Decrease) for Q1 FY2025
“2.0% to 5.1%”
Exhibit 99.1 · the passage around this item
… earlier in the release
For the full year of fiscal 2024, the Company repurchased 11.2 million shares of its common stock for $808 million, which includes the $500 million accelerated share repurchase (ASR) completed in the second quarter of fiscal 2024. • The Company intends to enter into an accelerated share repurchase (ASR) agreement for $250 million of the Company’s common stock. The Company expects the ASR will become effective in the Company’s first quarter of fiscal 2025 and the final settlement of the ASR is expected to be completed in the second quarter of fiscal 2025. The ASR will be completed pursuant to the existing announced share repurchase authorizations approved by Hologic’s board of directors. • On July 25, 2024, the Company completed the acquisition of Endomagnetics Ltd, a privately held UK-based developer of breast cancer surgery technologies, for approximately $310 million, as the Company expands and diversifies its interventional breast business. • On October 14, 2024, the Company announced its agreement to acquire Gynesonics, Inc., a privately held medical device company focused on the development of minimally invasive solutions for women’s health for approximately $350 million, subject to adjustment, as the Company seeks to broaden its surgical portfolio. The Company anticipates closing this acquisition in the first half of calendar year 2025. Completion of the acquisition is subject to customary closing conditions, including receipt of required regulatory ap
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.