Revenue Update on Analogic Corporation(NASDAQ:ALOG)

Analogic Corporation(NASDAQ:ALOG) announced the earnings results for Fiscal Year 2016 and Q4. The results came in during After-hours on Sep 21, 2016. Company reported revenue of $138.05M. Analysts estimated a revenue of $139.03M. Earnings per share were $1.02. Analysts had estimated an EPS of $1.17.

Analogic Corporation (ALOG) shares turned negative on Tuesdays trading session with the shares closing down -0.69 points or -0.75% at a volume of 92,722. The pessimistic mood was evident in the company shares which never went considerably beyond the level of $92.31. The peak price level was also seen at $92.31 while the days lowest was $91.08. Finally the shares closed at $91.62. The 52-week high of the shares is $93.73 while the 52-week low is $68.71. According to the latest information available, the market cap of the company is $1,134 M.

Several Insider Transactions has been reported to the SEC. On Sep 20, 2016, Shalabh Chandra (officer ) sold 1,250 shares at $90.50 per share price.Also, On Sep 19, 2016, James Patrick Ryan (officer ) sold 546 shares at $88.19 per share price.On Aug 24, 2016, James W Green (President/CEO/Director) sold 500 shares at $88.96 per share price, according to the Form-4 filing with the securities and exchange commission.

Analogic Corporation designs manufactures and commercializes guidance diagnostic imaging and threat detection technologies to advance the practice of medicine and save lives. The Company operates through three business segments: Medical Imaging Ultrasound and Security and Detection. The Company’s Medical Imaging segment provides medical imaging systems and subsystems for computed tomography (CT) magnetic resonance imaging (MRI) and high-resolution digital mammography. Its Ultrasound segment provides ultrasound guidance systems for the urology and surgery markets and sells its ultrasound products under the BK Ultrasound brand. The Company’s Security and Detection segment designs and manufactures automated threat detection systems for aviation baggage inspection applications utilizing medical CT technology and systems used for deoxyribonucleic acid (DNA) analysis for law enforcement and government agencies.

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