Healthcare Equipment and Supplies
Company Overview of Analogic Corporation
Analogic Corporation, a technology company, designs, manufactures, and sells medical imaging and security systems and subsystems to original equipment manufacturers and end users in the healthcare and airport security markets worldwide. The company operates in three segments: Medical Imaging, Ultrasound, and Security Technology. The Medical Imaging segment provides electronic systems and subsystems for medical imaging, including X-ray detectors, data acquisition systems, data management systems, integrated gantries, gradient amplifiers, and radio frequency amplifiers; and detector plates, as well as precision motion control systems for use in computer-controlled automation systems. This segm...
8 Centennial Drive
Peabody, MA 01960
Founded in 1967
Key Executives for Analogic Corporation
Chief Executive Officer
Total Annual Compensation: $540.8K
Chief Financial Officer
Total Annual Compensation: $321.5K
Senior Vice President
Total Annual Compensation: $341.4K
Senior Vice President and General Manager of Medical Imaging Business
Total Annual Compensation: $309.9K
Senior Vice President and General Manager of Ultrasound Segment
Total Annual Compensation: $291.2K
Compensation as of Fiscal Year 2013.
Analogic Corporation Key Developments
Analogic Corporation Announces Unaudited Consolidated Financial Results for the First Quarter Ended October 31, 2013; Declares Quarterly Cash Dividend, Payable on December 30, 2013; Provides Revenue and Operating Margin Guidance for the Year 2014
Dec 9 13
Analogic Corporation announced unaudited consolidated financial results for the first quarter ended October 31, 2013. Revenue for the first quarter of fiscal 2014 was $110.1 million, a decline of 8% compared with revenue of $119.9 million in the first quarter of fiscal 2013. GAAP net loss for the first quarter of fiscal 2014 was $3.8 million, or $0.30 per diluted share, compared with net income of $4.4 million, or $0.35 per diluted share, in the first quarter of fiscal 2013. GAAP results for the quarter include $2.3 million, pre-tax, of acquisition-related operating and other expenses associated with the Ultrasonix and PocketSonics acquisitions completed in the third quarter of fiscal 2013 and the first quarter of fiscal 2014, respectively. Non-GAAP net income for the first quarter was $0.8 million, or $0.06 per diluted share, compared with $6.7 million, or $0.53 per diluted share, in the prior year's first quarter. Loss from operations was $5.365 million against income of $7.435 million for the same period of last year. Loss before income taxes was $5.786 million against income of $6.529 million for the same period of last year. Non-GAAP income from operations was $213,000 against income of $10.895 million for the same period of last year. During the quarter, the company generated just under $11 million of operating cash flow, primarily as a result of collection of receivables.
The company’s Board of Directors, on December 6, 2013, declared a $0.10 cash dividend for each common share for its first fiscal quarter ended October 31, 2013. The cash dividend will be payable on December 30, 2013, to shareholders of record on December 20, 2013.
For the fiscal year 2014, the company expects to deliver upper single-digit revenue growth and continued operating margin expansion over fiscal year 2013.
Alog Invests $22.6 Million in Third Phase of Datacenter Expansion
Dec 5 13
Alog is investing BRL 52 million ($22.6 million) in the third expansion phase of its Tamboré datacenter in São Paulo metropolitan region. With the latest round of investment, Alog said the total invested in the facility reached BRL 112 million. The company runs another three datacenters on Brazilian soil in which it has already invested BRL 88 million, as well as the plant in Tamboré. Alog said its investments in Brazil total approximately BRL 176 million over the last two years. In addition to the Tamboré datacenter, the company disbursed another BRL 24 million to upgrade and refurbish the other two sites. The company also invested BRL 40 million in a newly opened Rio de Janeiro datacenter, in which it now forecasts the allocation of an additional BRL 85 million.
Analogic Corporation to Showcase Innovative Technology at RSNA 2013
Nov 27 13
Analogic Corporation announced it will showcase several new innovative products that deliver breakthrough reliability for the lowest cost of ownership at the 99(th) Scientific Assembly and Annual Meeting of the Radiology Society of North America (RSNA), December 1-6, 2013. The products that will be featured include a new, wide-bore integrated CT gantry utilizing Analogic's patented PowerLink Non-Contact Power Transfer system, along with new iterative reconstruction software called LISA (Low Dose Imaging Software By Analogic), which can generate high-quality images at up to 40% lower radiation dosage. The company will also introduce the smallest 20kW RF amplifier, as well as the highest power gradient amplifier for wide-bore MRI systems. In addition, Analogic will highlight its newest Selenium-based detector, which has been revamped to deliver low-dose, high-quality imaging performance for OEM mammography systems. Finally, the company will introduce Quantum Plus Technology across its entire portfolio of ultrasound platforms, resulting in a new level of image quality, usability and reliability for the Ultrasonix and BK line of ultrasound systems. This advanced technology offering follows Analogic's acquisition of Ultrasonix in March 2013 and reflects the strong cooperation among the company's ultrasound design centers in Denmark and Vancouver, and its engineering team in Boston. Analogic's revolutionary PowerLink technology on its integrated CT gantries transfers power from the stationary gantry to the rotating disc without slip rings and mechanical brush contacts. This technology was originally developed by Analogic to address a need in the aircraft baggage threat-detection market, where demand for reliability in CT systems is extremely high. CT systems are required to operate 24/7 in aviation security, which wears down conventional mechanical power transfer brushes.
Similar Private Companies By Industry
Recent Private Companies Transactions