Bruker Reports First Quarter 2015 Financial Results

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Bruker (BRKR) Tops Q1 EPS by 4c

May 6, 2015 4:04 PM EDT

Bruker (NASDAQ: BRKR) reported Q1 EPS of $0.14, $0.04 better than the analyst estimate of $0.10. Revenue for the quarter came in at $353.5 million versus the consensus estimate of $369.8 million.

Our first quarter 2015 revenues were lower due to foreign exchange rates, divestitures, and a decline in our nuclear magnetic resonance (NMR) business as a result of weaker NMR demand in 2014, said Frank Laukien, President and CEO of Bruker. Despite the lower... More