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Analogic

Analogic jumps after fiscal Q2 numbers blow past estimates

March 6, 2018 By Brad Perriello

Analogic (NSDQ:ALOG) shares jumped today in pre-market trading after the imaging equipment maker posted fiscal second-quarter numbers that blew past the consensus forecast. Peabody, Mass.-based Analogic, which late last year announced plans to pursue the sale of the company, posted profits of $6.5 million, or 52¢ per share, on sales of $126.7 million for the three […]

Filed Under: Imaging, MassDevice Earnings Roundup Tagged With: Analogic

These 10 medtech companies care a lot about research

November 29, 2017 By Chris Newmarker

Among the world’s largest medtech companies, these 10 spent the largest portion of their budgets on research and development. So what have they produced? Every year, Medical Design & Outsourcing pulls financial regulatory filings and reaches out to major, companies in some cases to create a list of the 100 largest medical device companies in […]

Filed Under: Business/Financial News, Diabetes, Drug-Device Combinations, Research & Development Tagged With: Abiomed, Accuray Inc., Analogic, AtriCure Inc., Big 100, BioMerieux Inc., cochlear, Dexcom, Edwards Lifesciences, Insulet, Philips, Spectranetics Corp.

Oncura Partners shareholders sue Analogic over claimed fraudulent acquisition scheme

August 7, 2017 By Fink Densford

Former Oncura Partners owners are seeking more than $24 million in a suit against Analogic (NSDQ:ALOG), claiming it engaged in a fraudulent scheme to avoid paying for Oncura after agreeing to acquire it in January 2016. In the suit, filed July 31, Oncura owners claim that Analogic agreed to pay for their shares in the business […]

Filed Under: Legal News, Mergers & Acquisitions, Ultrasound Tagged With: Analogic

Medtech stocks: the best and worst of Q1 2017

April 6, 2017 By Chris Newmarker

More than four-fifths of the 100 largest medical device companies in the world saw their stock prices increase during the first three months of 2017, according to a Medical Design & Outsourcing analysis of how the stocks of our Big 100 companies are faring. The situation suggests that even with the uncertainty around what the […]

Filed Under: Business/Financial News, News Well, Wall Street Beat Tagged With: Analogic, CryoLife, Dexcom, Exact Sciences, integer, Invacare, Konica Minolta, Masimo, Terumo, wrightmedical

Analogic shares dip despite Q2 earnings Beat

March 7, 2017 By Fink Densford

Shares in Analogic (NSDQ:ALOG) fell today despite the medical device maker meeting expectations on Wall Street with its 2nd quarter results. The Peabody, Mass.-based company posted profits of $7.5 million, or 59¢ per share, on sales of $130.3 million for the 3 months ended Jan. 31, with the bottom-line swinging from the red while sales grew […]

Filed Under: Business/Financial News, MassDevice Earnings Roundup Tagged With: Analogic

Analogic CEO Green steps away | Personnel Moves Nov 4, 2016

November 4, 2016 By Fink Densford

Analogic (NSDQ:ALOG) said late last month its prez and CEO James Green has stepped away from his position to pursue other opportunities. Company director and former Enovate Medical exec chair and CEO Dr. Fred Parks has been named to take over Green’s position. “Jim Green led Analogic during a period of meaningful development and growth, and […]

Filed Under: Business/Financial News Tagged With: 3DIcon, Alphabet (Google), Analogic, Carl Zeiss Meditec, CeloNova BioSciences, DeepMind, Endo Health, Haemonetics, InVivo Therapeutics, nanovibronix, Personnel Moves, Strata Skin Sciences

Feds level wage discrimination charges at Analogic

October 4, 2016 By Fink Densford

Analogic (NSDQ:ALOG) is facing a suit from the U.S. Department of Labor alleging that it engaged in discriminatory pay practices against female assembly workers at its Peabody, Mass.-based headquarters, according to an official notice posted yesterday. The U.S. DoL said it filed a lawsuit within its Office of Administrative Law Judges based on a compliance review […]

Filed Under: Business/Financial News, Legal News Tagged With: Analogic

BK Medical gets $15m from Analogic over SEC charges

June 21, 2016 By Brad Perriello

The U.S. Securities & Exchange Commission said today that Analogic (NSDQ:ALOG) agreed to pony up $15 million to settle civil and criminal charges brought over violations of the Foreign Corrupt Practices Act. The SEC said Peabody, Mass.-based Analogic’s Danish subsidiary, BK Medical, ran hundreds of sham transactions with distributors to funnel some $20 million to 3rd parties, […]

Filed Under: Legal News, Wall Street Beat Tagged With: Analogic, BK Medical, Foreign Corrupt Practices Act, Securities & Exchange Commission (SEC), U.S. Justice Dept. (DOJ)

Analogic faces $15m bribery settlement, misses on Q1 earnings but shares stay strong

December 10, 2015 By Fink Densford

Analogic (NSDQ:ALOG) said yesterday it may face a $15 million settlement with the U.S. gov’t over a foreign corruption investigation, and released  1st quarter 2016 earnings that missed on forecasted EPS and rev, but saw shares stay strong. The Peabody, Mass.-based company said the SEC rejected a $1.6 million settlement it made in September over an investigation […]

Filed Under: Business/Financial News Tagged With: Analogic

Analogic shares droop on Q1 prelims, lowered FY2016 outlook

November 19, 2015 By Fink Densford

Analogic (NSDQ:ALOG) released lower-than-expected preliminary earnings results for its 1st quarter of fiscal year 2016, lowering its outlook for the year and seeing stocks slump in response. The company said it expects revenue of approximately $115 million for the quarter, below the Street’s expectations of $122.3 million. Analogic did not release sales numbers, but said it […]

Filed Under: Business/Financial News Tagged With: Analogic

Angiodynamics CFO Frost resigns, moves to Analogic | Personnel Moves

November 9, 2015 By Fink Densford

AngioDynamics (NSDQ:ANGO) said today its CFO and exec veep Mark Frost resigned from his position to join Analogic (NSDQ:ALOG) as senior veep, treasurer & CFO. AngioDynamic’s veep and global controller Michael Trimach will serve as Interim CFO as the company searches for a permanent replacement. The Albany, N.Y.-based company said Frost will stay on to facilitate a smooth […]

Filed Under: Business/Financial News Tagged With: Analogic, AngioDynamics, Asana Medical, Battelle, Baxter, dextera, Evolent Health, Personnel Moves, Rennova Health, TransEnterix

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