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4. Hologic, Inc. (NASDAQ:HOLX)

Number of Hedge Fund Holders: 55

Hologic, Inc. (NASDAQ:HOLX) posted its fiscal fourth-quarter results above expectations, sending its shares up more than 8 percent in mid-day trading Tuesday. The medical technology company reported adjusted earnings of 82 cents, ahead of the consensus of 63 cents per share.

Revenue for the quarter fell 27.6 percent versus last year to $953.3 million, but it was well above the expectations of $866.76 million. Hologic, Inc. (NASDAQ:HOLX) also released its region-wise sales results. Its U.S. sales fell 23.4 percent to $728.6 million, while international sales plummeted 38.6 percent to $224.7 million in the quarter.

For its fiscal 2023, Hologic, Inc. (NASDAQ:HOLX) guided for adjusted earnings in the range of $3.30 – $3.60 per share and revenue between $3.7 – $3.9 billion. This compares to analysts’ average estimate of $3.43 per share for earnings and $3.78 billion for revenue.