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home / news releases / BRKS - Brooks Automation hits new 52-week high after FQ4 beats upside guidance and Stephens upgrade


BRKS - Brooks Automation hits new 52-week high after FQ4 beats upside guidance and Stephens upgrade

Brooks Automation (BRKS) shares are currently up 14.5%, backing off the new high hit earlier this morning, after yesterday's upside fiscal Q4 report, which included 23% Y/Y revenue growth to $246M and $0.47 EPS.Semiconductor Solutions revenue increased 31% Y/Y to $138M. Life Sciences sales grew 15% to $108M.Adjusted EBITDA was up 75% to $54M.Gross margin was up 490 bps Y/Y and 310 bps Q/Q due to the growth in both revenue segments.Operating margin was up 760 bps on the year and 470 bps on the quarter to 18.2%, driven by gross margin improvements and operating expense controls.For FQ1, Brooks expects revenue of $237-251M (consensus: $228.45M) and EPS of $0.37-0.47 (consensus: $0.31)."We delivered a robust quarter and completed a milestone year for the company," says CEO Steve Schwartz. "The Semiconductor Solutions and Life Sciences businesses each continued their momentum during the quarter, once again achieving operating margin expansion and delivering double-digit growth for the year. The growth

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Brooks Automation hits new 52-week high after FQ4 beats, upside guidance, and Stephens upgrade
Stock Information

Company Name: Brooks Automation Inc.
Stock Symbol: BRKS
Market: NASDAQ
Website: brooks.com

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