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布鲁克报告2015年第二季度财务业绩

August 05, 2015

马萨诸塞州比勒里卡。- (商业资讯) - 布鲁克Corporation(NASDAQ: BRKR) today reported financial results for its second quarter ended 2015年6月30日.

布鲁克2015年第二季度的收入是 3.96亿美元, a decline of 13.4 percent compared to the second quarter of 2014. Excluding a 2.6 percent negative effect from divestitures, and an 11.5 percent negative effect from changes in foreign exchange rates, 布鲁克reported year-over-year organic revenue growth of 0.7 percent in the second quarter of 2015.

2015年第二季度GAAP每股收益(EPS)为 $ 0.13相比,GAAP EPS of $ 0.10在2014年第二季度。 布鲁克reported second quarter 2015 non-GAAP EPS of $ 0.19相比, $ 0.21在2014年的第二季度。该新闻稿伴随公司的财务表中提供了GAAP与非GAAP财务措施的和解。

For the first six months of 2015, Bruker’s revenues declined 14.9 percent to 7.495亿美元相比, $881.1 millionfor the first six months of 2014. Excluding a 2.6 percent net negative effect from acquisitions & divestitures, and a 11.3 percent negative effect from changes in foreign exchange rates, 布鲁克据报道,2015年前六个月,有机收入同比下降1.0%。

布鲁克reported GAAP earnings per share of $ 0.17在2015年的前六个月,相比 $ 0.15in the first six months of 2014. Non-GAAP EPS for the first six months of 2015 were $ 0.32, unchanged from the first six months of 2014.

“我们的2015年第二季度的表现是由我们的Calid和Nano群体的有机收入增长所驱动的,收入下降了。 BIOSPIN Group和最佳细分市场。” Frank Laukien, President & CEO of 布鲁克. “These trends are similar to what we experienced in Q1 2015, as revenues for our BIOSPIN Groupwere affected by weak NMR orders in 2014. In the first half of 2015, we expanded our non-GAAP operating margin by 90 basis points. Overall, we continue to make good progress in improving our profitability, and we believe that we can meet our operating margin expansion goals for the full year 2015.

Laukien博士继续说:“由于2014年第二季度的研究磁铁的毛利率高,我们面临着一份挑战性的比较,2015年第2季度的收入较低。在今年下半年获得了必要的批准,以完全实施我们的Biospin重组计划,预计将在2016年第二季度进一步提高利润率。”

2015Financial Outlook

布鲁克’s 2015 financial outlook is unchanged. The Company expects to generate organic revenue growth of approximately one percent, and expects to increase its non-GAAP operating margin by more than 100 basis points compared to 2014. Non-GAAP EPS is expected to be flat in 2015, compared to 2014.

Quarterly Earnings Call

布鲁克将主持电话会议和网络广播,以讨论其财务结果,业务前景以及相关的公司和财务问题 下午4:45东部标准时间今天。要收听网络广播,投资者可以去http://ir.bruker.comand click on the “Events & Presentations” hyperlink. A slide presentation that will be referenced during the webcast will be posted to the Company’s website shortly before the webcast begins. Investors can also listen to the earnings webcast via telephone by dialing 1-877-270-2148 or +1-412-902-6510, and referencing “Bruker’s Second Quarter 2015 Earnings Conference Call”. A telephone replay of the conference call will be available by dialing 1-877-344-7529 or +1-412-317-0088 and entering conference number: 10069253. The replay will be available beginning one hour after the end of the conference through 2015年8月12日.

About 布鲁克Corporation

For more than 50 years, 布鲁克has enabled scientists to make breakthrough discoveries and develop new applications that improve the quality of human life. Bruker’s high-performance scientific research instruments and high-value analytical solutions enable scientists to explore life and materials at molecular, cellular and microscopic levels.

与客户密切合作, 布鲁克在生命科学分子研究,应用和药物应用以及显微镜,纳米分析和工业应用以及细胞生物学,临床前成像,临床研究,临床研究,微生物学和分子诊断方面,在生命科学分子研究,应用和药物应用方面都能创新,生产率和客户成功。必威东盟体育有关更多信息,请访问://www.fatactor.com.

使用非GAAP财务措施

The non-GAAP financial measures used by 布鲁克Corporationin this press release are non-GAAP gross profit; non-GAAP gross profit margin; non-GAAP operating income; non-GAAP operating margin; non-GAAP interest and other income (expense) net; non-GAAP profit before tax; non-GAAP tax rate; non-GAAP net income; non-GAAP earnings per share; and free cash flow. These non-GAAP measures exclude costs related to restructuring costs, acquisition and related integration expenses, amortization of acquired intangible assets and other costs that are non-recurring in nature. There are limitations in using non-GAAP financial measures as they are not prepared in accordance with U.S. generally accepted accounting principles and may be different from non-GAAP financial measures used by other companies.

We believe that the non-GAAP financial measures provide useful and supplementary information to investors regarding our quarterly and annual performance. It is our belief that these non-GAAP financial measures are particularly important as 布鲁克实现了重组计划扩大开放rating margins. The financial impact of these activities, particularly restructuring activities, can be large and may adversely affect the comparability of our results from period-to-period. We define free cash flow as net cash provided by operating activities less additions to property, plant, and equipment. We believe free cash flow is a useful measure to evaluate our business as it indicates the amount of cash generated after additions to property, plant, and equipment that is available for, among other things, strategic acquisitions, investments in our business, and repayment of debt.

We regularly use non-GAAP financial measures internally to understand, manage, and evaluate our business results and make operating decisions. We also measure our employees and compensate them, in part, based on such non-GAAP measures. For the same reasons, we also use this information for our forecasting activities.

非GAAP财务措施不应被视为根据GAAP准备的财务绩效措施的替代或优越的措施。非GAAP财务措施旨在补充GAAP财务指标,并与之共处。它们的价值有限,因为它们排除了对我们报告的结果产生重大影响的费用,因此,不应将其作为评估我们的财务业绩的唯一财务指标。鼓励投资者审查财务措施与本新闻稿伴随的表中提供的最直接可比性GAAP财务指标的对帐。

Forward Looking Statements

Any statements contained in this press release that do not describe historical facts may constitute forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. Any forward-looking statements contained herein are based on current expectations, but are subject to risks and uncertainties that could cause actual results to differ materially from those projected, including, but not limited to, risks and uncertainties relating to adverse changes in conditions in the global economy and volatility in the capital markets, the integration of businesses we have acquired or may acquire in the future, our ability to successfully implement our restructuring initiatives, changing technologies, product development and market acceptance of our products, the cost and pricing of our products, manufacturing, competition, dependence on collaborative partners and key suppliers, capital spending and government funding policies, changes in governmental regulations, realization of anticipated benefits from economic stimulus programs, intellectual property rights, litigation, exposure to foreign currency fluctuations and other risk factors discussed from time to time in our filings with the 证券交易委员会. These and other factors are identified and described in more detail in our filings with the SEC,包括,不受限制,我们的年度报告年度的年度10-K年度结束 12月31日,2014和潜艇equently filed Quarterly Reports on Form 10-Q. We expressly disclaim any intent or obligation to update these forward-looking statements other than as required by law.

-tables follow-

布鲁克Corporation
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (unaudited)
三个月结束了 六个月结束
(以数百万美元的价格,每股金额除外) 6月30日, 6月30日,
2015 2014 2015 2014
收入 $ 396.0 $ 457.4 $ 749.5 $ 881.1
收入成本 226.6 256.9 419.9 500.9
毛利 169.4 200.5 329.6 380.2
营业费用:
销售,一般和行政 98.5 115.0 193.1 224.5
研究与开发 37.5 44.5 74.7 90.5
其他费用,网络 1.8 5.6 15.0 9.2
总运营费用 137.8 165.1 282.8 324.2
Operating income 31.6 35.4 46.8 56.0
利息和其他收入(费用),净 (6.2 ) (2.3 ) (9.7 ) (7.2 )
所得税之前的收入和非控制收入
interest in consolidated subsidiaries 25.4 33.1 37.1 48.8
Income tax provision 2.3 16.3 7.1 22.0
合并净收入 23.1 16.8 30.0 26.8
Net income attributable to noncontrolling
interests in consolidated subsidiaries 1.2 0.4 1.6 1.7
归因于布鲁克公司的净收入 $ 21.9 $ 16.4 $ 28.4 $ 25.1
Net income per common share attributable to
布鲁克公司股东:
Basic $ 0.13 $ 0.10 $ 0.17 $ 0.15
$ 0.13 $ 0.10 $ 0.17 $ 0.15
Weighted average common shares outstanding:
Basic 168.3 167.6 168.3 167.5
169.7 169.5 169.7 169.4
布鲁克Corporation
凝结合并资产负债表(未经审计)
(in millions) 6月30日, 12月31日,
2015 2014
ASSETS

Current assets:
Cash and cash equivalents $ 320.8 $ 319.5
Short-term investments 172.8 178.0
应收账款,网络 240.3 293.2
库存 486.3 477.4
Other current assets 134.3 98.2
流动资产总额 1,354.5 1,366.3
Property, plant and equipment, net 233.1 249.9
无形资产,净和其他长期资产 232.8 248.6
Total assets $ 1,820.4 $ 1,864.8
LIABILITIES AND SHAREHOLDERS' EQUITY
流动负债:
当前的长期债务 $ 123.2 $ 0.8
Accounts payable 84.4 76.0
客户的进步 174.3 189.5
其他流动负债 270.1 316.4
总体负债总额 652.0 582.7
长期债务 241.4 354.2
其他长期负债 159.5 156.2
总股东权益 767.5 771.7
Total liabilities and shareholders' equity $ 1,820.4 $ 1,864.8
布鲁克Corporation
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (unaudited)
(in millions) 截至6月30日的三个月, 六个月结束6月30日,
2015 2014 2015 2014
Cash flows from operating activities:
合并净收入 $ 23.1 $ 16.8 $ 30.0 $ 26.8
调整以调整合并净收入与现金流量的调整
from operating activities:
折旧和摊销 13.2 14.8 26.7 30.0
Write-down of demonstration inventories to net realizable value 4.9 7.6 9.9 15.2
Stock-based compensation expense 1.4 3.0 3.6 5.0
递延所得税 3.1 - (0.6 ) 0.3
处置产品线的损失(增益) 0.2 - 0.2 (0.3 )
其他非现金费用,网络 (6.4 ) 0.5 0.9 1.5
运营资产和负债的变化,收购和退化的网络:
应收账款 (8.9 ) 16.1 42.6 28.9
库存 (2.3 ) (0.4 ) (38.9 ) (38.4 )
Accounts payable and accrued expenses (0.5 ) (13.0 ) (7.3 ) 8.9
Income taxes payable, net (9.8 ) (1.2 ) (16.7 ) (7.2 )
递延收入 2.0 (3.1 ) (1.1 ) 1.9
客户的进步 (16.3 ) (27.2 ) (7.4 ) (34.8 )
Other changes in operating assets and liabilities, net (5.2 ) (0.9 ) (16.4 ) (6.3 )
经营活动提供的净现金(使用) (1.5 ) 13.0 25.5 31.5
投资活动的现金流量:
Purchases of short-term investments (27.6 ) (67.8 ) (49.1 ) (67.8 )
短期投资的成熟度 18.8 - 40.3 -
处置产品线的收益 - - - 0.7
Purchases of property, plant and equipment (7.7 ) (7.6 ) (13.4 ) (16.8 )
财产,工厂和设备的销售收益 0.7 0.5 0.7 1.1
用于投资活动的净现金 (15.8 ) (74.9 ) (21.5 ) (82.8 )
融资活动的现金流量:

循环信贷额度收益

10.0 - 10.0 -
偿还其他债务,网络 (0.1 ) (0.3 ) (0.2 ) (0.5 )
发行普通股,净收益 2.9 1.8 6.2 4.8
回购普通股 (17.2 ) (17.2 )
Payment of contingent consideration (0.9 ) - (3.0 ) -
限制现金的变化 0.6 0.3 1.4 -
Cash payments to noncontrolling interest (0.5 ) (1.1 ) (0.5 ) (1.1 )
与股票期权奖有关的超额税收优惠 - - 2.2 -
通过融资活动提供的净现金(使用) (5.2 ) 0.7 (1.1 ) 3.2
Effect of exchange rate changes on cash and cash equivalents 8.8 (3.0 ) (1.6 ) (0.8 )
Net change in cash and cash equivalents (13.7 ) (64.2 ) 1.3 (48.9 )
现金和现金当量在开始时期 334.5 454.0 319.5 438.7
现金和现金当量在期末 $ 320.8 $ 389.8 $ 320.8 $ 389.8
布鲁克Corporation
RECONCILIATION OF GAAP TO NON-GAAP FINANCIAL MEASURES* (unaudited)
(以数百万美元的价格,每股金额除外) 截至6月30日的三个月, 六个月结束6月30日,
2015 2014 2015 2014
Reconciliation of Non-GAAP Operating Income, Non-GAAP Profit Before Tax, Non-GAAP Net Income, and Non-GAAP EPS
GAAP Operating Income $ 31.6 $ 35.4 $ 46.8 $ 56.0
非GAAP调整:
Restructuring Costs 5.2 10.7 8.5 13.1
Acquisition-Related Costs (2.8 ) 0.5 (2.6 ) 1.6
Purchased Intangible Amortization 5.2 4.8 10.4 10.0
Other Costs 3.7 1.3 15.6 4.1
Total Non-GAAP Adjustments: $ 11.3 $ 17.3 $ 31.9 $ 28.8
Non-GAAP Operating Income $ 42.9 $ 52.7 $ 78.7 $ 84.8
非GAAP操作保证金 10.8 % 11.5 % 10.5 % 9.6 %
Non-GAAP Interest & Other Income (Expense), net (6.0 ) (2.3 ) (9.5 ) (7.5 )
税前的非GAAP利润 36.9 50.4 69.2 77.3
非GAAP所得税提供 (3.8 ) (15.1 ) (12.6 ) (22.0 )
Non-GAAP Tax Rate 10.3 % 30.0 % 18.2 % 28.5 %
少数派利益 (1.2 ) (0.4 ) (1.6 ) (1.7 )
归因于布鲁克的非GAAP净收入 31.9 34.9 55.0 53.6
Weighted Average Shares Outstanding (Diluted) 169.7 169.5 169.7 169.4
每股非GAAP收益 $ 0.19 $ 0.21 $ 0.32 $ 0.32
GAAP和非GAAP毛利润的对帐
GAAP Gross Profit $ 169.4 $ 200.5 $ 329.6 $ 380.2
非GAAP调整:
Restructuring Costs 4.2 6.7 6.2 8.9
Acquisition-Related Costs 0.1 0.2 0.3 0.7
Purchased Intangible Amortization 4.7 4.4 9.4 9.2
Total Non-GAAP Adjustments: 9.0 11.3 15.9 18.8
非GAAP毛利 $ 178.4 $ 211.8 $ 345.5 $ 399.0
非GAAP毛利率 45.1 % 46.3 % 46.1 % 45.3 %
GAAP和非GAAP利息与其他收入(费用)的对帐,净
GAAP Interest & Other Income (Expense), net $ (6.2 ) $ (2.3 ) $ (9.7 ) $ (7.2 )
非GAAP调整:
销售产品线 0.2 - 0.2 (0.3 )
Non-GAAP Interest & Other Income (Expense), net $ (6.0 ) $ (2.3 ) $ (9.5 ) $ (7.5 )

* Please refer to our press release for a full explanation for the use of non-GAAP measures.

资源: 布鲁克Corporation

布鲁克Corporation

约书亚·杨(Joshua Young),1 978-667-9580,分机。1479年

Vice President, Investor Relations

joshua.young@Bruker.com

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