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Mar 31, 2020
Azenta Q2 2020 Earnings Report
Brooks Automation's financial performance for the second quarter of fiscal year 2020 was reported, showing revenue growth and increased EPS.
Key Takeaways
Brooks Automation reported revenue of $220 million, representing an 11% year-over-year increase. The diluted EPS from continuing operations was $0.12, compared to a loss of ($0.04) in the same quarter last year. Both Semiconductor Solutions and Life Sciences segments experienced double-digit revenue growth.
Revenue reached $220 million, up 11% year-over-year.
Diluted EPS from continuing operations was $0.12, a significant improvement from the prior year's loss of ($0.04).
Semiconductor Solutions revenue totaled $125 million, also up 11% year-over-year.
Life Sciences revenue was $95 million, reflecting an 11% year-over-year increase and 4% sequentially.
Azenta
Azenta
Forward Guidance
The Company announced revenue and earnings guidance for the third quarter of fiscal 2020. Revenue is expected to be in the range of $200 million to $215 million and non-GAAP diluted earnings per share is expected to be in the range of $0.16 to $0.24. GAAP diluted earnings per share for the third fiscal quarter is expected to be in the range of $0.04 to $0.12.