Bruker reports Q4 EPS 70c, consensus 68c

Reports Q4 revenue $854.50M, consensus $807.49M.Bruker’s President and CEO Frank Laukien commented: “Bruker’s transformation into a fast-growth company is on track after three consecutive years of double-digit organic revenue growth. Remarkably, in 2023 our industry-leading 14.5% organic revenue growth included double-digit growth from each of our four groups. For the full year 2023, we also delivered 10.3% non-GAAP EPS growth, while investing significantly in R&D, capacity and productivity. This shows the resiliency of our innovation model and exemplifies our focus on disciplined entrepreneurialism.” Dr. Laukien continued: “Demand for our innovative and differentiated products and solutions has remained solid, as Bruker emerges as a leader in the post-genomic era – a powerful new secular growth trend. For fiscal year 2024, we again expect to achieve well above-market organic revenue and non-GAAP EPS growth…”