Analogic Corp. Q4 Earnings Drop 20%

(RTTNews) - Analogic Corp. (ALOG) released a profit for fourth quarter that decreased compared to the same period last year.

The company said its profit totaled $12.78 million, or $1.02 per share. This was lower than $16.07 million, or $1.28 per share, in last year's fourth quarter.

Analysts had expected the company to earn $1.17 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter fell 10.6% to $138.05 million. This was down from $154.47 million last year.

Analogic Corp. earnings at a glance:

-Earnings (Q4): $12.78 Mln. vs. $16.07 Mln. last year. -Earnings Decline (Y-o-Y): -20.5% -EPS (Q4): $1.02 vs. $1.28 last year. -EPS Decline (Y-o-Y): -20.3% -Analysts Estimate: $1.17 -Revenue (Q4): $138.05 Mln vs. $154.47 Mln last year. -Revenue Change (Y-o-Y): -10.6%