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Bruker (BRKR) Tops Q3 EPS by 12c

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Bruker Reports Third Quarter 2016 Financial Results

November 2, 2016 4:05 PM EDT

BILLERICA, Mass., Nov. 2, 2016 /PRNewswire/ -- Bruker Corporation (NASDAQ: BRKR) today reported financial results for its third quarter ended September 30, 2016.

Bruker's revenues for the third quarter of 2016 were $393.9 million, a decline of 0.6% compared to the third quarter of 2015.  Excluding a 1.6% positive effect from acquisitions and a 0.2% positive effect from changes in foreign currency translation, Bruker reported a year-over-year organic revenue decline of 2.4% in the third quarter of 2016. 

Third quarter 2016 GAAP earnings per diluted share (EPS) were $0.29, compared to $0.07 in... More