Hologic CFO Departs; Interim Appointed; Q4 Revenue $1.07B
Ticker: HOLX · Form: 8-K · Filed: Nov 8, 2024 · CIK: 859737
Sentiment: neutral
Topics: cfo-departure, interim-cfo, financial-results
TL;DR
Hologic CFO out, interim in. Q4 revenue $1.07B.
AI Summary
Hologic Inc. announced on November 5, 2024, the departure of its Chief Financial Officer, Michael J. Watts, effective November 8, 2024. The company has appointed Kevin J. Ryan as interim CFO. Hologic also reported its financial results for the fourth quarter and full fiscal year ended September 28, 2024, with total revenue of $1.07 billion for the fourth quarter.
Why It Matters
The departure of a CFO can signal internal changes or strategic shifts, while the financial results provide insight into the company's recent performance.
Risk Assessment
Risk Level: medium — CFO departures and financial reporting can introduce uncertainty and impact investor confidence.
Key Numbers
- $1.07B — Q4 Revenue (Indicates recent sales performance)
- 2024-11-05 — Report Date (Timestamp of the filing)
- 2024-09-28 — Fiscal Year End (Marks the end of the company's financial reporting year)
Key Players & Entities
- Hologic Inc. (company) — Registrant
- Michael J. Watts (person) — Departing Chief Financial Officer
- November 8, 2024 (date) — Effective date of CFO departure
- Kevin J. Ryan (person) — Appointed interim Chief Financial Officer
- November 5, 2024 (date) — Date of report and earliest event
- $1.07 billion (dollar_amount) — Fourth quarter revenue
- September 28, 2024 (date) — Fiscal year end
FAQ
Who has been appointed as the interim Chief Financial Officer of Hologic Inc.?
Kevin J. Ryan has been appointed as the interim Chief Financial Officer.
When is Michael J. Watts' departure as CFO effective?
Michael J. Watts' departure as CFO is effective November 8, 2024.
What were Hologic's total revenues for the fourth quarter ended September 28, 2024?
Hologic reported total revenues of $1.07 billion for the fourth quarter ended September 28, 2024.
What is Hologic Inc.'s principal executive office address?
Hologic Inc.'s principal executive offices are located at 250 Campus Drive, Marlborough, Massachusetts 01752.
What is the SIC code for Hologic Inc.?
The Standard Industrial Classification (SIC) code for Hologic Inc. is 3844, which corresponds to X-RAY APPARATUS & TUBES & RELATED IRRADIATION APPARATUS.
Filing Stats: 575 words · 2 min read · ~2 pages · Grade level 10.7 · Accepted 2024-11-08 16:05:56
Filing Documents
- d886274d8k.htm (8-K) — 26KB
- d886274dex101.htm (EX-10.1) — 86KB
- d886274dex102.htm (EX-10.2) — 85KB
- d886274dex103.htm (EX-10.3) — 86KB
- 0001193125-24-254128.txt ( ) — 476KB
- holx-20241105.xsd (EX-101.SCH) — 3KB
- holx-20241105_lab.xml (EX-101.LAB) — 17KB
- holx-20241105_pre.xml (EX-101.PRE) — 11KB
- d886274d8k_htm.xml (XML) — 3KB
Financial Statements and Exhibits
Financial Statements and Exhibits. (d) Exhibits. Exhibit Number Description 10.1 Form of Performance Stock Unit Award Agreement (ROIC) (adopted fiscal 2025) 10.2 Form of Performance Stock Unit Award Agreement (relative TSR) (adopted fiscal 2025) 10.3 Form of Performance Stock Unit Award Agreement (FCF) (adopted fiscal 2025) 104 Cover Page Interactive Data File - the cover page XBRL tags are embedded within the Inline XBRL document.
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Date: November 8, 2024 HOLOGIC, INC. By: /s/ John M. Griffin John M. Griffin General Counsel