Bruker (BRKR) Tops Q4 EPS by 9c, Offers FY Guidance

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Bruker Reports Fourth Quarter and Fiscal Year 2016 Financial Results

February 13, 2017 4:05 PM EST

BILLERICA, Mass., Feb. 13, 2017 /PRNewswire/ -- Bruker Corporation (NASDAQ: BRKR) today reported financial results for its fourth quarter and fiscal year (FY) ended December 31, 2016.

Bruker's revenues for the fourth quarter of 2016 were $470.3 million, a decline of 1.6% compared to the fourth quarter of 2015.  Excluding a 1.9% positive effect from acquisitions and a 1.3% negative effect from changes in foreign currency rates, Bruker reported a year-over-year organic revenue decline of 2.2% in the fourth quarter of 2016. 

Fourth quarter 2016 GAAP earnings per diluted share (EPS) were $0.43, compared to $0.36 in the fourth quarter of 2015.  Fourth quarter 2016 non-GAAP EPS... More