Brooks Automation Profit Falls, Yet Tops Estimate

(RTTNews) - Brooks Automation Inc (BRKS) Wednesday reported fourth-quarter net earnings of $248 thousand or $0.00 per share compared with $6 million or $0.09 per share last year.

Excluding items, adjusted earnings for the quarter were $0.07 per share.

Revenues for the quarter were $122.5 million compared with $110.7 million in the prior year.

Analysts polled by Thomson Reuters estimated earnings of $0.06 per share on revenues of $117.7 million for the quarter. Analysts' estimates typically exclude special items.

For the first quarter, the company expects adjusted earnings of $0.05 to $0.07 per share on revenues of 125 million to $130 million. Analysts expect earnings of $0.08 per share on revenues of $126.3 million.

Brooks Automation provides automation, vacuum, and instrumentation solutions for semiconductor manufacturing, life sciences, and technology device manufacturing markets.