Bruker Corp Q3 2021 Earnings Call Summary - Thomson StreetEvents

Bruker Corp Q3 2021 Earnings Call Summary

Bruker Corp Q3 2021 Earnings Call Summary - Thomson StreetEvents
Bruker Corp Q3 2021 Earnings Call Summary
Published Nov 01, 2021
19 pages (10084 words) — Published Nov 01, 2021
Price US$ 54.00  |  Buy this Report Now

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Abstract:

Edited Brief of BRKR.OQ earnings conference call or presentation 1-Nov-21 8:30pm GMT

  
Brief Excerpt:

...A. Note: Miroslava Minkova's last earnings call. 1. B. Results: Another excellent qtr. with sustained momentum in bookings, revenues, margin improvement and EPS growth. 1. Teams continued to innovate and execute well, managing through well-publicized supply chain challenges. a. b. Confident that Co. is now well on track for excellent financial and operational progress in 2021. 2. Revenues increased 19.1% YoverY to $609m. Organic revenues increased 17.8% YoverY, which included 16.8% organic growth in Bruker Scientific Instruments Groups and 29.3% at BEST, net of intercompany eliminations. a. 3. Non-GAAP GM expanded 210 BP YoverY to 51.7%. 4. Non-GAAP operating margin, 20.6%. Improved 200 BP over 18.6% in 3Q20. a. 5. GAAP diluted EPS $0.57 vs. $0.35 reported in 3Q20. 6. Non-GAAP diluted EPS, $0.63. Up 50% from $0.42 in 3Q20. a. b. 3Q21 included tax benefit of approx. $0.06 on certain discrete items. 7. Excellent 3Q with strong revenue growth, operating leverage and favorable tax performance...

  
Report Type:

Brief

Source:
Thomson StreetEvents
Company:
Bruker Corp
Ticker
BRKR.OQ
Time
8:30pm GMT
Format:
PDF Adobe Acrobat
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The following is excerpted from the question-and-answer section of the transcript.

(Questions from industry analysts are provided in full, but answers are omitted - download the transcript to see the full question-and-answer session)

Question: Rachel Marie Vatnsdal Olson - JPMorgan Chase & Co, Research Division - Analyst : This is Rachel Vatnsdal in for Tycho. So first up on China, can you guys just walk us through your expectations on the recent procurement initiatives that seem to emphasize local players in the market? And also, do you see any risk since Bruker doesn't manufacture in the region?

Question: Rachel Marie Vatnsdal Olson - JPMorgan Chase & Co, Research Division - Analyst : Understood. And then last one from me, so last quarter, you guys flagged some broad weakness in Japan, and you called it out a little bit on this call as well. So can you just give us an update about the demand trends you're seeing in the region and outlook for 4Q as well?

Question: Rachel Marie Vatnsdal Olson - JPMorgan Chase & Co, Research Division - Analyst : Yes, Japan.

Table Of Contents

Bruker Corp Q4 2021 Earnings Call Summary – 2022-02-11 – US$ 54.00 – Edited Brief of BRKR.OQ earnings conference call or presentation 11-Feb-22 1:30pm GMT

Bruker Corp Q4 2021 Earnings Call Transcript – 2022-02-11 – US$ 54.00 – Edited Transcript of BRKR.OQ earnings conference call or presentation 11-Feb-22 1:30pm GMT

Bruker Corp at JPMorgan Healthcare Conference (Virtual) Transcript – 2022-01-10 – US$ 54.00 – Edited Transcript of BRKR.OQ presentation 10-Jan-22 2:00pm GMT

Bruker Corp at Jefferies London Healthcare Conference (Virtual) Transcript – 2021-11-16 – US$ 54.00 – Edited Transcript of BRKR.OQ presentation 16-Nov-21 12:20pm GMT

Bruker Corp Q3 2021 Earnings Call Transcript – 2021-11-01 – US$ 54.00 – Edited Transcript of BRKR.OQ earnings conference call or presentation 1-Nov-21 8:30pm GMT

Bruker Corp at Wells Fargo Virtual Healthcare Conference Transcript – 2021-09-10 – US$ 54.00 – Edited Transcript of BRKR.OQ presentation 10-Sep-21 1:20pm GMT

Bruker Corp Q2 2021 Earnings Call Summary – 2021-08-02 – US$ 54.00 – Edited Brief of BRKR.OQ earnings conference call or presentation 2-Aug-21 8:30pm GMT

Bruker Corp Q2 2021 Earnings Call Transcript – 2021-08-02 – US$ 54.00 – Edited Transcript of BRKR.OQ earnings conference call or presentation 2-Aug-21 8:30pm GMT

Bruker Corp Virtual Investor Day Transcript – 2021-06-17 – US$ 54.00 – Edited Transcript of BRKR.OQ corporate analyst meeting</ 17-Jun-21 2:00pm GMT

Bruker Corp at Jefferies Healthcare Conference (Virtual) Transcript – 2021-06-02 – US$ 54.00 – Edited Transcript of BRKR.OQ presentation 2-Jun-21 12:00pm GMT

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Cite this Report

  
MLA:
Thomson StreetEvents. "Bruker Corp Q3 2021 Earnings Call Summary" Nov 01, 2021. Alacra Store. May 19, 2025. <http://www.alacrastore.com/thomson-streetevents-transcripts/Q3-2021-Bruker-Corp-Earnings-Call-B15009702>
  
APA:
Thomson StreetEvents. (2021). Bruker Corp Q3 2021 Earnings Call Summary Nov 01, 2021. New York, NY: Alacra Store. Retrieved May 19, 2025 from <http://www.alacrastore.com/thomson-streetevents-transcripts/Q3-2021-Bruker-Corp-Earnings-Call-B15009702>
  
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