Analogic Corp. Profit Retreats 25% In Q3

(RTTNews) - Analogic Corp. (ALOG) revealed earnings for third quarter that fell compared to the same period last year.

The company said its earnings dropped to $10.10 million, or $0.80 per share. This was down from $13.51 million, or $1.07 per share, in last year's third quarter.

Analysts had expected the company to earn $0.88 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter fell 4.2% to $127.98 million. This was down from $133.56 million last year.

Analogic Corp. earnings at a glance:

-Earnings (Q3): $10.10 Mln. vs. $13.51 Mln. last year. -Earnings Decline (Y-o-Y): -25.2% -EPS (Q3): $0.80 vs. $1.07 last year. -EPS Decline (Y-o-Y): -25.2% -Analysts Estimate: $0.88 -Revenue (Q3): $127.98 Mln vs. $133.56 Mln last year. -Revenue Change (Y-o-Y): -4.2%