Brooks Automation (BRKS) Reports Large Q1 Loss
BRKS Hot Sheet
EPS Growth %: -65.9%Financial Fact:
Services: 21.72M
Today's EPS Names:
TARO, BRLI, TLB, More
Brooks Automation (Nasdaq: BRKS) reports Q1 loss of $0.58, 7 cents worse than the analyst estimate of ($0.51). Revenue for the quarter was $37.3 million, versus the consensus of $41.34 million.
Net loss for the second quarter of fiscal 2009 amounted to $152.5 million, or $2.43 per diluted share. This loss includes special charges totaling $116.3 million. Excluding special charges, the non-GAAP net loss for the first quarter of fiscal 2009 was $36.2 million, or $0.58 per diluted share.
The special charges taken during the quarter included a non-cash impairment charges of $106.9 million to write down the value of goodwill and certain other long lived assets to reflect the current industry and economic environment which has significantly impacted the comparable company valuations and the Company's near term outlook.
Net loss for the second quarter of fiscal 2009 amounted to $152.5 million, or $2.43 per diluted share. This loss includes special charges totaling $116.3 million. Excluding special charges, the non-GAAP net loss for the first quarter of fiscal 2009 was $36.2 million, or $0.58 per diluted share.
The special charges taken during the quarter included a non-cash impairment charges of $106.9 million to write down the value of goodwill and certain other long lived assets to reflect the current industry and economic environment which has significantly impacted the comparable company valuations and the Company's near term outlook.
You May Also Be Interested In
- UPDATE: Bristow Group (BRS) Reports Better-Than-Expected Q4 Results; Offers FY13 Outlook
- Monro Muffler (MNRO) Tops Q4 EPS by 1c; Comps About Flat; Guides FY13 EPS Below Views
- Hewlett-Packard Company (HPQ) Tops Q2 EPS by 7c; Guides Q3 Below the Street, Raises FY12 Outlook
Create E-mail Alert Related Categories
EarningsSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
