Welcome to our dedicated page for Hologic news (Ticker: HOLX), a resource for investors and traders seeking the latest updates and insights on Hologic stock.
Hologic, Inc. (Nasdaq: HOLX) generates a steady flow of news centered on women’s health, medical technology innovation and corporate developments. As a company that describes itself as focused on developing technologies to detect, diagnose and treat health conditions, many of its announcements highlight advances in diagnostics, breast imaging, oncology testing and digital pathology.
Investors and healthcare professionals following HOLX news will find updates on Hologic’s diagnostic platforms, such as the Panther and Panther Fusion systems, including regulatory milestones like FDA clearance and CE marking for new assays. Recent communications have covered automated molecular tests for gastrointestinal bacterial pathogens, which expand the company’s infectious disease testing menu and illustrate its emphasis on rapid, molecular-based diagnostics.
Hologic’s news feed also features developments in breast health technologies. The company has publicized data on its AI-powered mammography tools, such as the Genius AI Detection solution and 3DQuorum imaging technology, through studies conducted at major medical centers and presented in peer-reviewed journals or at scientific meetings. These stories often focus on how artificial intelligence can support radiologists by flagging suspicious areas on mammograms and streamlining image review without compromising cancer detection performance.
Oncology and precision medicine are recurring themes. Hologic and its subsidiary Biotheranostics, Inc. issue updates about the Breast Cancer Index Test, including new clinical evidence presented at conferences like the San Antonio Breast Cancer Symposium. These releases describe how the test may inform extended endocrine therapy decisions for patients with early-stage, hormone receptor–positive breast cancer and examine its performance in various patient subgroups.
Beyond technology and clinical data, Hologic’s news includes educational initiatives and partnerships, such as the "Ultimate Defense" cervical cancer screening awareness campaign with professional basketball player Erica Wheeler, and collaborations in epigenomics and pharmaco-epigenetics through Hologic Diagenode and co-marketing agreements. Corporate and financial announcements, including quarterly earnings releases and the proposed acquisition of Hologic by funds managed by Blackstone and TPG, provide additional context for HOLX stockholders.
For readers interested in HOLX news, this page offers a centralized view of Hologic’s product milestones, clinical research, public health campaigns and transaction-related updates, making it a useful resource for tracking how the company’s activities evolve over time.
Hologic reported an impressive financial performance for the fiscal Q1 ended December 26, 2020, with revenues soaring by 89.3% to $1.61 billion. The growth was driven by a 457.6% surge in molecular diagnostics revenue, fueled by demand for SARS-CoV-2 tests. The company also announced acquisitions of Biotheranostics and SOMATEX, with cash flow from operations at $650 million. Although net income rose to $654.4 million, net margins declined by 480 bps. Hologic expects continued strong performance for Q2 with guidance of $1.50 - $1.56 billion in revenue.
Hologic, Inc. (Nasdaq: HOLX) will announce its financial results for Q1 of fiscal 2021 on January 27, after market close. A conference call is set for 4:30 p.m. ET, accessible at 888-204-4368 (U.S.) or +1 323-994-2093 (international). Participants are encouraged to join 5-10 minutes early. The call will also be available via webcast on Hologic's investor website and archived for 30 days.
Hologic is dedicated to advancing women's health through innovative medical technologies.
Hologic, Inc. (Nasdaq: HOLX) announced preliminary revenue results for Q1 fiscal 2021, expecting revenues of approximately $1,609.8 million, up 89.3% year-over-year. This exceeds prior guidance of $1,350-$1,425 million. Diagnostics revenue surged 262.2% to $1,128.2 million, fueled by nearly 30 million COVID-19 tests. The company will report full results on January 27, 2021, and announced a $1 billion share repurchase plan while paying off $250 million of debt.
Hologic, Inc. (Nasdaq: HOLX) has announced its acquisition of Biotheranostics, Inc. for approximately $230 million. This strategic move aims to enhance Hologic's position in the oncology sector, particularly in women's health diagnostics. Biotheranostics offers advanced molecular diagnostic tests for breast and metastatic cancers, which align with Hologic's broader goals. The acquisition is projected to be dilutive to Hologic's non-GAAP earnings in 2021 but expected to break-even in 2022 and become accretive thereafter. The transaction is anticipated to close in February 2021, pending regulatory approvals.
Hologic, Inc. (Nasdaq: HOLX) has completed the acquisition of SOMATEX Medical Technologies GmbH for approximately $64 million. This move aims to bolster Hologic’s breast health care solutions, expanding its biopsy portfolio and enhancing sales presence, particularly in Europe. SOMATEX specializes in biopsy site markers, which are expected to generate about $13 million in revenue in 2020. The acquisition is anticipated to positively impact Hologic’s non-GAAP earnings per share starting in the current fiscal year.
Hologic, Inc. (Nasdaq: HOLX) will present virtually at the 39th Annual J.P. Morgan Healthcare Conference on January 11, 2021, at 11:40 a.m. ET. The live webcast of the presentation can be accessed via the investors section of Hologic’s website and will remain available for 30 days post-event. Hologic is a medical technology company focused on enhancing women's health through early detection and treatment.
Hologic, Inc. (Nasdaq: HOLX) announced FDA clearance for its new Genius AI™ Detection technology, aimed at enhancing breast cancer detection through advanced deep learning software. This system assists radiologists in identifying subtle potential cancers in breast tomosynthesis images, reportedly increasing sensitivity and reducing false-positive rates compared to previous CAD products. It operates directly on the mammography system's workstation, improving workflow and patient outcomes. This innovation represents a significant step forward in early breast cancer detection, aligning with Hologic's commitment to women's health.
Hologic, Inc. (Nasdaq: HOLX) will showcase its breast and skeletal health products at the virtual 106th RSNA Annual Meeting from Nov. 29 to Dec. 5. The company aims to provide innovations that enhance workflow efficiency and patient outcomes. Hologic ranked first in customer satisfaction for mammography service according to the 2020 IMV ServiceTrack™ report. The virtual event will offer product demonstrations and educational sessions, reflecting Hologic's commitment to advancing women's healthcare despite pandemic challenges.
Hologic, Inc. (Nasdaq: HOLX) will present virtually at the 3rd Annual Evercore ISI HealthCONx Conference on Wednesday, December 2, at 4:20 p.m. Eastern Time. The presentation will be available via a live webcast on Hologic's investor website and can be accessed for 30 days post-event. Hologic is dedicated to enhancing women's health through innovative medical technologies, focusing on early detection and treatment. For more details, visit www.hologic.com.
Hologic, Inc. (Nasdaq: HOLX) received FDA approval for the Aptima® HIV-1 Quant Dx assay, making it the first dual-claim assay in the U.S. for HIV diagnosis and viral load monitoring. Previously approved for viral load monitoring in 2016, this molecular test operates on the Panther® system, providing reliable results across various HIV-1 groups. The approval is expected to enhance patient care by enabling immediate treatment initiation and assisting clinical labs in consolidating testing processes. There are around 1.2 million people living with HIV in the U.S.
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