Analogic Corp. Earnings Retreat 15% In Q2

(RTTNews) - Analogic Corp. (ALOG) announced a profit for second quarter that fell compared to the same period last year.

The company said its profit fell to $12.59 million, or $0.99 per share. This was down from $14.88 million, or $1.18 per share, in last year's second quarter.

Analysts had expected the company to earn $0.78 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 2.9% to $131.53 million. This was up from $127.87 million last year.

Analogic Corp. earnings at a glance:

-Earnings (Q2): $12.59 Mln. vs. $14.88 Mln. last year. -Earnings Decline (Y-o-Y): -15.4% -EPS (Q2): $0.99 vs. $1.18 last year. -EPS Decline (Y-o-Y): -16.1% -Analysts Estimate: $0.78 -Revenue (Q2): $131.53 Mln vs. $127.87 Mln last year. -Revenue Change (Y-o-Y): 2.9%

-Guidance: Full year EPS guidance: $3.00 and $3.45