Analogic [ALOG]
1Q17 1Q16
Sales $121.1M $114.9M
Net Inc. $2.5M, 0.20 $1.4M, 0.11
Sales rose 5% largely due to revenue from the Security and Detection segment, which was up 36% to $18.1 million on growth in all product lines, and increases in both the Medical Imaging and Ultrasound segments. Net income rose 79%, with per share results benefiting a dime in CEO transition expenses. At the operating level, security adjusted gross margins were down nearly 2% due to the Ultrasound segment and product mix in the Medical Imaging and Security segments. Free cash flow was $23 million.