HOLX FY 2015 Earnings Report — Hologic, Inc. Revenue & Financial Results | Market Cap Arena

Hologic, Inc.HOLX

FY 2015 Earnings

Reported November 19, 2015

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2015	Prior Q	FY 2014	QoQ Change	YoY Change
Revenue	$2.7B	—	$2.5B	—	6.9%
Op. Income	$455M	—	$280M	—	62.7%
Gross Margin	53.0%	—	49.2%	—	3.7pp
Net Margin	4.9%	—	0.7%	—	4.2pp
EPS (Diluted)	$0.45	—	$0.06	—	650.0%
Free Cash Flow	$697M	—	$428M	—	62.7%

Revenue Flow

Item	Amount
REVENUE	$2.7B
Cost of Revenue	$1.3B
GROSS PROFIT	$1.4B
R&D Expenses	$215M
Selling & Marketing	$363M
General & Administrative	$261M
SG&A Expenses	$624M
Other Expenses	-$11M
Operating Expenses	$949M
Cost & Expenses	$2.2B
OPERATING INCOME	$455M
Interest Income	$1M
Interest Expense	$206M
Other Income/Expenses	-$278M
INCOME BEFORE TAX	$177M
Income Tax Expense	$46M
Net Income from Continuing Ops	$132M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$132M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$132M
D&A	$491M
EBIT	$383M
EBITDA	$874M
EPS	$0
EPS Diluted	$0

Income Statement

Item	Amount
REVENUE	$2.7B
Cost of Revenue	$1.3B
GROSS PROFIT	$1.4B
R&D Expenses	$215M
Selling & Marketing	$363M
General & Administrative	$261M
SG&A Expenses	$624M
Other Expenses	-$11M
Operating Expenses	$949M
Cost & Expenses	$2.2B
OPERATING INCOME	$455M
Interest Income	$1M
Interest Expense	$206M
Other Income/Expenses	-$278M
INCOME BEFORE TAX	$177M
Income Tax Expense	$46M
Net Income from Continuing Ops	$132M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$132M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$132M
D&A	$491M
EBIT	$383M
EBITDA	$874M
EPS	$0
EPS Diluted	$0

Cash Flow Statement

Item	Amount
Net Income	$132M
Depreciation & Amortization	$491M
Stock-Based Compensation	$59M
Deferred Income Tax	-$149M
Other Non-Cash Items	$154M
Change in Working Capital	$99M
OPERATING CASH FLOW	$786M
Capital Expenditure	-$89M
Acquisitions (Net)	$0
Purchases of Investments	-$6M
Sales/Maturities of Investments	$10M
Other Investing Activities	-$300.0K
NET CASH FROM INVESTING	-$86M
Net Debt Issuance	-$1.0B
Common Stock Repurchased	-$13M
Common Dividends Paid	$0
Other Financing Activities	$57M
NET CASH FROM FINANCING	-$937M
FREE CASH FLOW	$697M
Net Change in Cash	-$245M

Balance Sheet

Item	Amount
Cash & Equivalents	$493M
Short-Term Investments	$0
Net Receivables	$416M
Inventory	$283M
Other Current Assets	$54M
TOTAL CURRENT ASSETS	$1.3B
PP&E (Net)	$457M
Goodwill	$2.8B
Intangible Assets	$3.0B
Long-Term Investments	$25M
Tax Assets	$0
Other Non-Current Assets	$63M
TOTAL NON-CURRENT ASSETS	$6.4B
TOTAL ASSETS	$7.7B
Account Payables	$117M
Short-Term Debt	$391M
Deferred Revenue	$163M
Other Current Liabilities	$173M
TOTAL CURRENT LIABILITIES	$944M
Long-Term Debt	$3.2B
Deferred Revenue NC	$20M
Deferred Tax Liabilities	$1.2B
Other Non-Current Liabilities	$167M
TOTAL NON-CURRENT LIABILITIES	$4.6B
TOTAL LIABILITIES	$5.6B
Common Stock	$3M
Additional Paid-In Capital	$5.6B
Retained Earnings	-$3.5B
Treasury Stock	$0
Accum. Other Comp. Income	-$15M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$2.1B
Minority Interest	$0
TOTAL EQUITY	$2.1B
TOTAL LIABILITIES & EQUITY	$7.7B
Total Debt	$3.6B
Net Debt	$3.2B