Business

Mass. Movers

Analogic revenue rises 10% in quarter

CEO Jim Green said Analogic is on track to reach fiscal 2013 objectives.

Analogic Corp.

CEO Jim Green said Analogic is on track to reach fiscal 2013 objectives.

Citing strong medical imaging and security sales, Peabody’s Analogic Corp. posted revenue for 2013’s fiscal second quarter of $138.6 million, an increase of 10 percent compared with revenue of $126.4 million in the same period last year. Net income was $9.8 million, or 78 cents per share, compared with $19.6 million, or $1.59, in 2012. Analysts expected an average 62 cents. Last year’s result included a benefit due to a tax refund and a gain on sale of an equity interest.

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