Analogic Shares Popped: What You Need to Know

Before you go, we thought you'd like these...
Before you go close icon

Although we don't believe in timing the market or panicking over market movements, we do like to keep an eye on big changes -- just in case they're material to our investing thesis.

What: Shares of Analogic (NAS: ALOG) popped as much as 11% this morning, after the company reported fourth-quarter earnings ahead of analysts' estimates last night.

So what: The company's fourth-quarter revenue came in at $135.3 million, an 18% year-over-year increase and ahead of the consensus estimate of $119.4 million. Bottom-line earnings per share fell to $0.45 from last year's $0.56, but still beat the $0.31 that analysts were looking for. Analogic CEO Jim Green said, "I am very pleased with our strong performance in the fourth fiscal quarter, as we achieved the sixth consecutive quarter of double-digit, year-over-year, revenue growth."

Now what: Demand has been strong for Analogic's medical imaging and security products, and fiscal 2011 was a record year for the company in terms of revenue. The company continues to focus on three primary revenue drivers: medical imaging, ultrasound, and security. Green expressed confidence that the company will be able to hit its goal of double-digit non-GAAP operating margin in the coming year, compared to the 8% non-GAAP operating margin it realized in fiscal 2011.

Interested in more info on Analogic? Add it to your watchlist byclicking here.

At the time this article was published Fool contributorEvan Niuholds no position in any company mentioned.Click hereto see his holdings and a short bio. Try any of our Foolish newsletter servicesfree for 30 days. We Fools may not all hold the same opinions, but we all believe thatconsidering a diverse range of insightsmakes us better investors. The Motley Fool has adisclosure policy.

Copyright © 1995 - 2011 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.

Read Full Story

Want more news like this?

Sign up for Finance Report by AOL and get everything from business news to personal finance tips delivered directly to your inbox daily!

Subscribe to our other newsletters

Emails may offer personalized content or ads. Learn more. You may unsubscribe any time.

From Our Partners