HOLX FY 2016 Earnings Report — Hologic, Inc. Revenue & Financial Results | Market Cap Arena

Hologic, Inc.HOLX

FY 2016 Earnings

Reported November 17, 2016

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2016	Prior Q	FY 2015	QoQ Change	YoY Change
Revenue	$2.8B	—	$2.7B	—	4.7%
Op. Income	$549M	—	$455M	—	20.5%
Gross Margin	55.2%	—	53.0%	—	2.2pp
Net Margin	11.7%	—	4.9%	—	6.8pp
EPS (Diluted)	$1.16	—	$0.45	—	157.8%
Free Cash Flow	$689M	—	$697M	—	-1.1%

Revenue Flow

Item	Amount
REVENUE	$2.8B
Cost of Revenue	$1.3B
GROSS PROFIT	$1.6B
R&D Expenses	$232M
Selling & Marketing	$415M
General & Administrative	$267M
SG&A Expenses	$682M
Other Expenses	$27M
Operating Expenses	$1.0B
Cost & Expenses	$2.3B
OPERATING INCOME	$549M
Interest Income	$700.0K
Interest Expense	$155M
Other Income/Expenses	-$133M
INCOME BEFORE TAX	$415M
Income Tax Expense	$85M
Net Income from Continuing Ops	$331M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$331M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$331M
D&A	$465M
EBIT	$571M
EBITDA	$1.0B
EPS	$1
EPS Diluted	$1

Income Statement

Item	Amount
REVENUE	$2.8B
Cost of Revenue	$1.3B
GROSS PROFIT	$1.6B
R&D Expenses	$232M
Selling & Marketing	$415M
General & Administrative	$267M
SG&A Expenses	$682M
Other Expenses	$27M
Operating Expenses	$1.0B
Cost & Expenses	$2.3B
OPERATING INCOME	$549M
Interest Income	$700.0K
Interest Expense	$155M
Other Income/Expenses	-$133M
INCOME BEFORE TAX	$415M
Income Tax Expense	$85M
Net Income from Continuing Ops	$331M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$331M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$331M
D&A	$465M
EBIT	$571M
EBITDA	$1.0B
EPS	$1
EPS Diluted	$1

Cash Flow Statement

Item	Amount
Net Income	$331M
Depreciation & Amortization	$465M
Stock-Based Compensation	$65M
Deferred Income Tax	-$156M
Other Non-Cash Items	$25M
Change in Working Capital	$56M
OPERATING CASH FLOW	$787M
Capital Expenditure	-$99M
Acquisitions (Net)	-$4M
Purchases of Investments	-$5M
Sales/Maturities of Investments	$36M
Other Investing Activities	$3M
NET CASH FROM INVESTING	-$68M
Net Debt Issuance	-$643M
Common Stock Repurchased	-$250M
Common Dividends Paid	$0
Other Financing Activities	$233M
NET CASH FROM FINANCING	-$660M
FREE CASH FLOW	$689M
Net Change in Cash	$57M

Balance Sheet

Item	Amount
Cash & Equivalents	$548M
Short-Term Investments	$0
Net Receivables	$447M
Inventory	$275M
Other Current Assets	$40M
TOTAL CURRENT ASSETS	$1.3B
PP&E (Net)	$460M
Goodwill	$2.8B
Intangible Assets	$2.6B
Long-Term Investments	$4M
Tax Assets	$9M
Other Non-Current Assets	$61M
TOTAL NON-CURRENT ASSETS	$6.0B
TOTAL ASSETS	$7.3B
Account Payables	$157M
Short-Term Debt	$296M
Deferred Revenue	$161M
Other Current Liabilities	$176M
TOTAL CURRENT LIABILITIES	$902M
Long-Term Debt	$3.0B
Deferred Revenue NC	$16M
Deferred Tax Liabilities	$983M
Other Non-Current Liabilities	$190M
TOTAL NON-CURRENT LIABILITIES	$4.3B
TOTAL LIABILITIES	$5.2B
Common Stock	$3M
Additional Paid-In Capital	$5.6B
Retained Earnings	-$3.1B
Treasury Stock	-$250M
Accum. Other Comp. Income	-$32M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$2.1B
Minority Interest	$0
TOTAL EQUITY	$2.1B
TOTAL LIABILITIES & EQUITY	$7.3B
Total Debt	$3.4B
Net Debt	$2.8B