Skip to main content

Bruker: Q1 Earnings Snapshot

BILLERICA, Mass. (AP) — BILLERICA, Mass. (AP) — Bruker Corp. (BRKR) on Wednesday reported first-quarter earnings of $3.5 million.

The Billerica, Massachusetts-based company said it had profit of 2 cents per share. Earnings, adjusted for one-time gains and costs, came to 31 cents per share.

The results surpassed Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 23 cents per share.

The scientific equipment maker posted revenue of $823.4 million in the period, also surpassing Street forecasts. Three analysts surveyed by Zacks expected $800.1 million.

Bruker expects full-year earnings in the range of $2.10 to $2.15 per share, with revenue in the range of $3.57 billion to $3.6 billion.

Bruker shares have dropped 19% since the beginning of the year. The stock has decreased nearly 7% in the last 12 months.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on BRKR at https://www.zacks.com/ap/BRKR

One Tech Tip: What to know about flying with lithium ion portable battery chargers

Jetting off soon for summer travels? If you're planning on bringing an extra battery charger for your phone or other devices, be aware of the latest rules when taking one on a flight. Rechargeable lithium-ion portable battery chargers, also known as power banks, come in protective enclosures of various shapes and sizes. They're a handy and popular way for getting more juice when you're on the move. But after a spate of smoke or fire incidents, U.S. and international aviation authorities have issued new guidelines and airlines have tightened up rules for passengers. Here's a guide on flying with power banks.
Read Next Story