PEABODY, Mass.--(BUSINESS WIRE)--Analogic Corporation (NASDAQ: ALOG), a leading designer and manufacturer of high-precision health and security imaging equipment, announced today results for its first quarter ended October 31, 2006. Revenues for the first quarter ended October 31, 2006, were $75,602,000, compared with the prior year’s first quarter revenues of $86,410,000, a decrease of $10,808,000, or 13%. Net loss for the first quarter was $5,360,000, or a $0.39 net loss per diluted share, compared with earnings of $1,342,000, or $0.10 per diluted share, for the prior year’s first quarter. The first quarter ended October 31, 2006, includes pre-tax asset impairment charges of $9,705,000 associated with the Company’s digital radiography systems business. The first quarter ended October 31, 2005, included restructuring and asset impairment charges of $2,205,000 related primarily to the Company’s former SKY Computers subsidiary.
