HOLX remains a Best Idea Long
s-curve working Well
The s-curve model continues to forecast facility conversion to 3D with low variance between actual and predicted values. Monthly average variance is 0.13% with a standard deviation of 0.09%. The current 3D facility conversion percentage is 12.3% on the 14.737 total MQSA certified facilities.
June PLACEMENTS slow, but quarterly pace accelerating
Monthly facility conversions slowed in June 2015 after posting a record in May 2015. The quarterly average continues to accelerate consistent with recent conference comments from management.
consensus Breast Health too low
Our revenue build uses the inputs from our 3D Tracker and the s-curve forecast to arrive at a facility count. Consensus assumes little to no sequential growth in Breast Health over the coming quarters.
Please call or email with questions.