Hologic falls after 2025 profit forecast cut

Medical equipment maker Hologic's HOLX.O shares fall as much as 7.6% to a four-year low of $52.94

HOLX cut its annual profit forecast late on Thursday in the range of $4.15 to $4.25 per share, compared with its previous forecast of $4.25 to $4.35, citing uncertainty around the tariffs

Company maintains its annual revenue forecast between $4.05 billion and $4.1 billion vs estimates of $4.07 billion - data compiled by LSEG

HOLX posts Q1 adj. profit of $1.03 per share, slightly beating analysts' estimates of $1.02 per share

HOLX expects macro dynamics to impact demand in China

Brokerage BTIG says it does not see meaningful drivers for accelerated growth over the next few quarters

"Co also left the door open to higher component costs from suppliers, a worry that likely limits investor appetite" - BTIG

As of last close, HOLX had fallen 26.4% YTD