Analogic [ALOG]
2Q17 2Q16
Sales $131.5M $127.9M
Net Inc. $7.5M, 0.59 ($3M, 0.24)
Analogic swung to a profit on improved operating results and lower impairment costs than the year ago quarter. Sales increased 3% on a 71% gain in the Security and Detection segment to $18.8 million. Security and Detection revenue benefited from increased demand for high-speed threat detection systems. In its fiscal year 2017, Analogic expects the Security and Detection business to have strong double-digit growth with margins in the mid-teens—excluding non-operating factors—driven by a strengthening outlook for international high-speed tenders and a higher revenue run rate for medium-speed systems in the U.S.