Key Developments: Analogic Corp (ALOG.O)
80.38USD
22 May 2013
$-0.94 (-1.16%)
$81.32
$81.27
$82.45
$80.23
27,204
52,081
$84.71
$59.22
Latest Key Developments (Source: Significant Developments)
Analogic Corp Reaffirms FY 2013 Revenue Guidance; Declares Cash Dividend
Analogic Corp reaffirmed its fiscal 2013 outlook and expects upper single digit revenue growth organically. The Company reported revenues of $516.57 million in fiscal 2012. According to I/B/E/S Estimates, analysts on average are expecting the Company to report revenues of $551.10 for fiscal 2013. The Company also announced that the Board of Directors, on March 7, 2013, declared a $0.10 cash dividend for each common share for its second fiscal quarter ended January 31, 2013. The cash dividend will be payable on April 2, 2013, to shareholders of record on March 22, 2013. Full Article
Analogic Corp Completes Acquisition Of Ultrasonix Medical Corp
Analogic Corp announced that it has completed the acquisition of Ultrasonix Medical Corporation for a purchase price of approximately $83 million, subject to a final adjustment as provided in the purchase agreement. The purchase is being funded by Analogic's available cash balance. Ultrasonix is a supplier of advanced ultrasound systems for point-of-care and general imaging applications with over 5,000 systems installed worldwide. The Company brings key ultrasound products, technology, and sales channels that are complementary to Analogic's ultrasound business. Analogic continues to expect that this business combination will be neutral to diluted earnings per share in Analogic's fiscal year 2013, excluding purchase accounting adjustments and transaction related costs, and will become accretive in fiscal year 2014. Founded in 2000, Ultrasonix has a broad portfolio of mobile ultrasound products with an established brand used primarily for point-of-care applications such as emergency medicine, anesthesia, and reproductive medicine in developed markets, and general imaging in emerging markets. Full Article
Analogic Corp Signs Agreement To Acquire Ultrasonix Medical Corp
Analogic Corp announced that it has signed an agreement to acquire privately held Ultrasonix Medical Corp based in Vancouver, Canada for $83 million in cash. Ultrasonix is a supplier of advanced ultrasound systems for point-of-care and general imaging applications with over 5,000 systems installed worldwide. The purchase price paid to Ultrasonix shareholders will be funded out of Analogic's available cash balance. The transaction is expected to close in late February. Full Article
Analogic Corp Reaffirms FY 2013 Revenue Guidance-Conference Call
Analogic Corp announced that for fiscal 2013, it expects upper single digit organic revenue growth. The Company reported revenues of $516.57 million in fiscal 2012. According to I/B/E/S Estimates, analysts on average are expecting the Company to report revenues of $607.44 for fiscal 2013. Full Article
Analogic Corp Declares Quarterly Cash Dividend
Analogic Corp announced that the Board of Directors, on December 4, 2012, declared a $0.10 cash dividend for each common share for its first fiscal quarter ended October 31, 2012. The cash dividend will be payable on December 28, 2012, to shareholders of record on December 18, 2012. Full Article
Analogic Corp Issues FY 2013 Revenue Guidance Above Analysts' Estimates; Declares Quarterly Dividend
Analogic Corp announced that for fiscal 2013, it expects another year of high single digit organic revenue growth. The Company reported revenues of $516.57 million in fiscal 2012. According to I/B/E/S Estimates, analysts on average are expecting the Company to report revenues of $555.70 for fiscal 2013. The Company also announced that it has declared a $0.10 cash dividend for each common share for its fourth fiscal quarter ended July 31, 2012. The cash dividend will be paid on October 9, 2012, to shareholders of record on September 27, 2012. Full Article
Analogic Corporation Reaffirms FY 2012 Revenue Guidance-Conference Call
Analogic Corporation announced that for fiscal 2012, it continue to expect upper-single-digit revenue growth. The Company reported revenue of $474 million in fiscal 2011. According to I/B/E/S Estimates, analysts were expecting the Company to report revenues of $515 million for fiscal 2012. Full Article
Analogic Corporation Declares Quarterly Cash Dividend
Analogic Corporation announced that it's Board of Directors declared a $0.10 cash dividend for each common share for its third fiscal quarter ended April 30, 2012. The cash dividend will be paid on July 2, 2012, to shareholders of record on June 20, 2012. Full Article
Analogic Corporation Reaffirms FY 2012 Revenue Guidance; Declares Quarterly Cash Dividend
Analogic Corporation announced that increased demand in security business gives the confidence to increase fiscal 2012 revenue outlook to high single-digit growth year-over-year. The Company reported revenues of $458 million in fiscal 2011. The Company also announced that the Board of Directors, on March 1, 2012, declared a $0.10 cash dividend for each common share for its second fiscal quarter ended January 31, 2012. The cash dividend will be payable on March 29, 2012, to shareholders of record on March 19, 2012. Full Article
Analogic Corporation Enters Into New Long-Term Supply Agreement With L-3 Security & Detection Systems
Analogic Corporation announced that it has entered into a new long-term, exclusive purchase and supply agreement with L-3 Security and Detection Systems in connection with the TSA-certified eXaminer SX, eXaminer 3DX, and eXaminer XLB threat-detection systems for checked-baggage screening. Under the agreement, Analogic will also provide engineering services related to system improvements and upgrades. The agreement runs through the year 2023. Full Article
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