Mammography systems boost Hologic

Hologic Inc., which makes medical imaging systems, said Tuesday its fiscal 2007 third-quarter profit doubled on a jump in sales of its Selenia digital mammography systems.

The company earned $24.7 million, or 45 cents per share, compared with a profit of $12 million, or 25 cents per share, during the same period a year prior. Revenue jumped 60 percent to $191.5 million from $119.7 million.

Analysts polled by Thomson Financial expected profit of 43 cents per share on revenue of $188.9 million.

The company's fiscal third quarter ended June 30 and its fiscal year ends Sept. 30.

Revenue from mammography and breast care systems increased 81 percent to $153.5 million, mainly on increasing sales of Selenia. Meanwhile, Osteoporosis assessment revenue fell 19.5 percent to $15.7 million. Other revenue rose 56 percent to $22.3 million.

Shares of Hologic rose $1 to $54.71 in morning trading. (AP)