Brooks: Fiscal 4Q Earnings Snapshot

November 19, 2018

CHELMSFORD, Mass. (AP) _ Brooks Automation Inc. (BRKS) on Monday reported fiscal fourth-quarter net income of $10.4 million.

The Chelmsford, Massachusetts-based company said it had profit of 15 cents per share. Earnings, adjusted for one-time gains and costs, were 22 cents per share.

The results did not meet Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 38 cents per share.

The supplier to semiconductor manufacturers posted revenue of $159.6 million in the period, which also missed Street forecasts. Three analysts surveyed by Zacks expected $205.3 million.

For the year, the company reported profit of $116.6 million, or $1.64 per share. Revenue was reported as $631.6 million.

Brooks shares have climbed 14 percent since the beginning of the year. In the final minutes of trading on Monday, shares hit $27.24, a decrease of almost 1 percent in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on BRKS at https://www.zacks.com/ap/BRKS

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