HOLX FY 2017 Earnings Report — Hologic, Inc. Revenue & Financial Results | Market Cap Arena

Hologic, Inc.HOLX

FY 2017 Earnings

Reported November 21, 2017

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2017	Prior Q	FY 2016	QoQ Change	YoY Change
Revenue	$3.1B	—	$2.8B	—	8.0%
Op. Income	$1.4B	—	$549M	—	149.8%
Gross Margin	53.0%	—	55.2%	—	-2.2pp
Net Margin	24.7%	—	11.7%	—	13.0pp
EPS (Diluted)	$2.64	—	$1.16	—	127.6%
Free Cash Flow	-$99M	—	$689M	—	-114.4%

Revenue Flow

Item	Amount
REVENUE	$3.1B
Cost of Revenue	$1.4B
GROSS PROFIT	$1.6B
R&D Expenses	$233M
Selling & Marketing	$499M
General & Administrative	$343M
SG&A Expenses	$842M
Other Expenses	$13M
Operating Expenses	$1.1B
Cost & Expenses	$2.6B
OPERATING INCOME	$1.4B
Interest Income	$4M
Interest Expense	$153M
Other Income/Expenses	-$140M
INCOME BEFORE TAX	$1.2B
Income Tax Expense	$475M
Net Income from Continuing Ops	$756M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$756M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$756M
D&A	$449M
EBIT	$1.4B
EBITDA	$1.8B
EPS	$3
EPS Diluted	$3

Income Statement

Item	Amount
REVENUE	$3.1B
Cost of Revenue	$1.4B
GROSS PROFIT	$1.6B
R&D Expenses	$233M
Selling & Marketing	$499M
General & Administrative	$343M
SG&A Expenses	$842M
Other Expenses	$13M
Operating Expenses	$1.1B
Cost & Expenses	$2.6B
OPERATING INCOME	$1.4B
Interest Income	$4M
Interest Expense	$153M
Other Income/Expenses	-$140M
INCOME BEFORE TAX	$1.2B
Income Tax Expense	$475M
Net Income from Continuing Ops	$756M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$756M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$756M
D&A	$449M
EBIT	$1.4B
EBITDA	$1.8B
EPS	$3
EPS Diluted	$3

Cash Flow Statement

Item	Amount
Net Income	$756M
Depreciation & Amortization	$449M
Stock-Based Compensation	$68M
Deferred Income Tax	-$357M
Other Non-Cash Items	-$804M
Change in Working Capital	-$103M
OPERATING CASH FLOW	$8M
Capital Expenditure	-$108M
Acquisitions (Net)	$307M
Purchases of Investments	$0
Sales/Maturities of Investments	$87M
Other Investing Activities	-$600.0K
NET CASH FROM INVESTING	$286M
Net Debt Issuance	-$138M
Common Stock Repurchased	-$200M
Common Dividends Paid	$0
Other Financing Activities	$29M
NET CASH FROM FINANCING	-$309M
FREE CASH FLOW	-$99M
Net Change in Cash	-$8M

Balance Sheet

Item	Amount
Cash & Equivalents	$541M
Short-Term Investments	$0
Net Receivables	$534M
Inventory	$332M
Other Current Assets	$51M
TOTAL CURRENT ASSETS	$1.5B
PP&E (Net)	$473M
Goodwill	$3.2B
Intangible Assets	$2.8B
Long-Term Investments	$3M
Tax Assets	$9M
Other Non-Current Assets	$73M
TOTAL NON-CURRENT ASSETS	$6.5B
TOTAL ASSETS	$8.0B
Account Payables	$167M
Short-Term Debt	$1.2B
Deferred Revenue	$171M
Other Current Liabilities	$177M
TOTAL CURRENT LIABILITIES	$1.9B
Long-Term Debt	$2.2B
Deferred Revenue NC	$21M
Deferred Tax Liabilities	$974M
Other Non-Current Liabilities	$106M
TOTAL NON-CURRENT LIABILITIES	$3.3B
TOTAL LIABILITIES	$5.2B
Common Stock	$3M
Additional Paid-In Capital	$5.6B
Retained Earnings	-$2.4B
Treasury Stock	-$450M
Accum. Other Comp. Income	-$16M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$2.8B
Minority Interest	$0
TOTAL EQUITY	$2.8B
TOTAL LIABILITIES & EQUITY	$8.0B
Total Debt	$3.4B
Net Debt	$2.8B