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布鲁克报告2016年第三季度财务业绩

November 02, 2016

马萨诸塞州比勒里卡。,,,, 2016年11月2日/美通bob体育竞技风暴社/ - 布鲁克公司(NASDAQ: BRKR) today reported financial results for its third quarter ended 2016年9月30日

布鲁克公司Logo

布鲁克's2016年第三季度的收入是 $393.9 million,与2015年第三季度相比,下降0.6%。不包括收购的1.6%积极作用和外币翻译变化的0.2%的积极影响, 布鲁克reported a year-over-year organic revenue decline of 2.4% in the third quarter of 2016.

Third quarter 2016 GAAP earnings per diluted share (EPS) were $ 0.29, 相比 $ 0.07在2015年第三季度。2016年第三季度非GAAP EPS是 $ 0.32,,,,an increase of 68% compared to $ 0.19在2015年第三季度。2016年第三季度,由于记录了剩余的税收估值津贴,因此非GAAP税率的大量非GAAP税率将其降低到约6%。相同的项目还导致了GAAP记录的税收优惠。该新闻稿伴随着公司的财务表中提供了GAAP与非GAAP财务措施的对帐。

For the first nine months of 2016, 布鲁克's收入declined 0.4% to $ 1,14.1万美元, 相比 $1,145.6 million在2015年的前九个月中 布鲁克'sreported year-over-year organic revenue decline was 2.3% for the first nine months of 2016.

布鲁克报告的GAAP EPS $ 0.52在2016年的前九个月,相比 $ 0.24在2015年的前九个月。Non-GAAP EPS for the first nine months of 2016 were $ 0.73,增加了43% $ 0.51在2015年的前九个月。

Frank Laukien,总裁兼首席执行官 布鲁克,,,,commented: "During the third quarter of 2016, 布鲁克again delivered strong operational improvements as well as significant EPS growth, even when the above mentioned tax benefits are excluded. In the first nine months of 2016, 布鲁克尽管欧洲学术和全球工业市场疲软,但仍继续大大扩大毛利率和运营利润率,并带来了强劲的EPS增长。”bob娱乐平台

Laukien博士继续说:“我们还采取了额外的重组和成本措施,并开始了另外两项工厂合并,我们预计到2017年中期将实质上完成。我们正在努力在2017年恢复收入增长,我们还在预计持续健康的利润率扩大。最后,我同时宣布获得某些PCR分析的微生物学和综合征小组开发能力,这让我感到非常满意。MALDI BioTyper,我们的主要盈利增长平台之一。”

2016年全年财务前景

For the year 2016, the Company now expects reported revenue to decline approximately 1% from 2015. Bruker now expects to increase its non-GAAP operating margin by 100 basis points or more year-over-year. For the year 2016, 布鲁克now projects non-GAAP EPS between $ 1.07和$ 1.11假设2016年非GAAP税率在16%至17%之间。

对于公司对2016年的前景,我们无法在不合理的努力的情况下提供最直接可比较的GAAP财务指标,或者以前瞻性的基础与此类GAAP财务措施进行核对。请参阅下面的“使用非GAAP财务指标”,以说明我们预期的非GAAP运营保证金,非GAAP EPS和非GAAP税率的项目。

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 4:45 p.m. Eastern Timetoday. To listen to the webcast, investors can go tohttp://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 1-888-437-2685 (US toll free) or +1-412-317-6702 (international), and referencing " 布鲁克'sThird Quarter 2016 Earnings Conference Call". A telephone replay of the conference call will be available by dialing 1-877-344-7529 (US toll free) or +1-412-317-0088 (international) and entering conference number: 10095076. The replay will be available beginning one hour after the end of the conference through December 2, 2016

关于 布鲁克公司

For more than 50 years, 布鲁克使科学家能够做出突破性的发现并开发新的应用,以改善人类生活的质量。 布鲁克's高性能的科学研究工具和高价值分析解决方案使科学家能够在分子,细胞和微观水平上探索生命和材料。bob综合游戏

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。bob娱乐平台有关更多信息,请访问://www.energie2point0.com

Use of Non-GAAP Financial Measures

The non-GAAP financial measures used by 布鲁克公司在本新闻稿中,在其收入中,网络广播是有机收入增长;非GAAP毛利;非GAAP总利润率;非GAAP营业收入;非GAAP运营利润;税前的非GAAP利润;非GAAP税率;非GAAP净收入;非GAAP每股收益;投资资本回报; 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.

我们认为,非GAAP财务措施为投资者提供了有关我们的季度和年度绩效的有用和补充信息。我们相信这些非GAAP财务措施特别重要,因为 布鲁克实施重组计划以扩大运营利润率。这些活动的财务影响,尤其是重组活动,可能很大,可能会对我们从周期到周期的结果产生不利影响。我们将自由现金流定义为通过运营活动提供的净现金净值,较少对财产,工厂和设备的增加。我们认为,自由现金流是评估我们业务的有用措施,因为它表明在财产,工厂和设备增加后产生的现金量,除其他外,可用于收购,对我们的业务投资以及偿还债务的现金数量。我们将投资资本回报率(ROIC)定义为所得税之后的非GAAP营业利润,而少数族裔利息除以平均资本,我们将其定义为债务加上股权减去现金。我们认为,ROIC是公司如何有效地投资其资本的重要措施。

我们定期在内部使用非GAAP财务指标来理解,管理和评估我们的业务成果并做出决定。我们还根据此类非GAAP措施来衡量员工并部分赔偿他们。由于相同的原因,我们还将这些信息用于预测活动。

Non-GAAP financial measures should not be considered as a substitute for, or superior to, measures of financial performance prepared in accordance with GAAP. The non-GAAP financial measures are meant to supplement, and to be viewed in conjunction with, GAAP financial measures. They are limited in value because they exclude charges that have a material effect on our reported results and, therefore, should not be relied upon as the sole financial measures to evaluate our financial results. Investors are encouraged to review the reconciliation of the financial measures to their most directly comparable GAAP financial measures as provided in the tables accompanying this press release.

With respect to the Company's outlook for 2016 non-GAAP operating margin, non-GAAP EPS and non-GAAP tax rate, we are not providing the most directly comparable GAAP financial measures or corresponding reconciliations to such GAAP financial measures on a forward-looking basis, because we are unable to predict with reasonable certainty certain items that may affect such measures calculated and presented in accordance with GAAP without unreasonable effort. Our expected non-GAAP operating margin, tax rate and EPS ranges exclude primarily the future impact of restructuring actions, unusual gains and losses, acquisition related expenses and purchase accounting fair value adjustments. These reconciling items are uncertain, depend on various factors and could significantly impact, either individually or in the aggregate, our future period operating margins, EPS and tax rate calculated and presented in accordance with GAAP. Please see "Use of Non-GAAP Financial Measures" above for additional information regarding our use of non-GAAP financial measures.

Forward Looking Statements

任何包含在这个新闻稿whi语句ch do not describe historical facts may constitute forward-looking statements as the 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 which 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。这些因素和其他因素在我们的文件中更详细地确定和描述,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,2015并随后提交了第10 Q表格的季度报告。除法律要求外,我们明确违反了更新这些前瞻性陈述的任何意图或义务。

-tables关注 -

Contacts
Miroslava Minkova
Head of Investor Relations
布鲁克公司
t:+1(978)663 - 3660,分机。1479年
E:[email protected]

布鲁克公司




凝结合并资产负债表(未经审计)









(in millions)


September 30,


12月31日,






2016


2015









资产














当前资产:






Cash and cash equivalents

$ 278.7


$ 267.1


短期投资

162.8


201.2


应收账款,网络

223.6


234.7


库存


483.1


422.0


其他流动资产

118.5


106.5



流动资产总额

1,266.7


1,231.5









财产,工厂和设备,网络

239.4


231.1

Intangibles, net and other long-term assets

291.8


267.4











Total assets

$ 1,797.9


$ 1,730.0









LIABILITIES AND SHAREHOLDERS' EQUITY












流动负债:





当前的长期债务

$ 20.2


$ 0.6


Accounts payable

93.3


72.1


Customer advances

148.2


178.3


其他流动负债

290.9


303.5



总体负债总额

552.6


554.5









长期债务


344.7


265.2

Other long-term liabilities

199.7


177.4









总股东权益

700.9


732.9











总负债和股东权益

$ 1,797.9


$ 1,730.0

布鲁克公司








凝结的合并运营陈述(未经审计)
















Three Months Ended


Nine Months Ended

(以数百万美元的价格,每股金额除外)

September 30,


September 30,




2016


2015


2016


2015











Revenues

$ 393.9


$ 396.1


$ 1,141.0


$ 1,145.6

收入成本

208.7


228.6


618.9


648.5











毛利

185.2


167.5


522.1


497.1











营业费用:








销售、一般和管理

96.8


96.1


290.4


289.2

Research and development

37.9


34.3


110.8


109.0

其他费用,网络

4.6


8.9


20.6


23.9

总运营费用

139.3


139.3


421.8


422.1











Operating income

45.9


28.2


100.3


75.0











Interest and other income (expense), net

(2.9)


(4.6)


(11.1)


(14.3)











所得税之前的收入和非控制收入









对合并子公司的兴趣

43.0


23.6


89.2


60.7

所得税(福利)条款

(4.0)


10.7


3.8


17.8











Consolidated net income

47.0


12.9


85.4


42.9

归因于非控制的净收入









interests in consolidated subsidiaries

0.5


1.1


0.8


2.7

归因于布鲁克公司的净收入

$ 46.5


$ 11.8


$ 84.6


$ 40.2











Net income per common share attributable to









布鲁克公司shareholders:









Basic

$ 0.29


$ 0.07


$ 0.52


$ 0.24


Diluted

$ 0.29


$ 0.07


$ 0.52


$ 0.24











加权平均普通股已发行:









Basic

160.8


167.8


161.8


168.2


Diluted

161.5


168.7


162.7


169.1





















布鲁克公司










CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (unaudited)




















Three Months Ended


Nine Months Ended

(in millions)




September 30,


September 30,





2016


2015


2016


2015

Cash flows from operating activities:









Consolidated net income



$ 47.0


$ 12.9


$ 85.4


$ 42.9

调整以调整合并净收入与现金流量的调整









来自操作活动:










折旧和摊销


13.7


13.3


40.4


40.0


Write-down of demonstration inventories to net realizable value

4.0


5.1


12.5


15.0


Stock-based compensation expense


2.5


2.2


6.8


5.8


递延所得税


(28.1)


(0.5)


(32.1)


(1.1)


处置产品线的损失(增益)


-


-


-


0.2


Other non-cash expenses, net


3.7


8.6


12.7


9.5

经营资产和负债的变化,收购和退化的网络:








Accounts receivable


(14.9)


(4.9)


15.4


37.7


库存



(13.4)


(1.8)


(73.4)


(40.7)


Accounts payable and accrued expenses


0.8


12.1


(11.5)


4.8


Income taxes payable, net


11.7


12.2


(19.7)


(4.5)


Deferred revenue



(2.4)


(0.1)


3.0


(1.2)


Customer advances



(0.1)


(2.3)


(6.5)


(9.7)


Other changes in operating assets and liabilities, net

11.4


(2.7)


7.0


(19.1)

Net cash provided by operating activities


35.9


54.1


40.0


79.6












投资活动的现金流量:










Purchases of short-term investments


(44.5)


(28.9)


(77.6)


(78.0)


短期投资的期限


72.3


1.0


122.4


41.3


购买财产,工厂和设备

(8.8)


(9.4)


(26.0)


(22.8)


Proceeds from sales of property, plant and equipment

-


-


0.9


0.7


Cash paid for acquisitions, net of cash acquired

-


-


(1.2)


-

Net cash provided by (used in) investing activities


19.0


(37.3)


18.5


(58.8)












Cash flows from financing activities:










循环信贷额度收益


22.0


7.0


99.0


17.0


Proceeds (repayment) of other debt, net


(0.1)


(0.2)


0.1


(0.4)


Proceeds from issuance of common stock, net

0.6


0.8


10.2


7.0


付款考虑


-


-


-


(3.0)


回购普通股


(25.9)


(7.7)


(143.5)


(24.9)


Changes in restricted cash


(0.1)


-


0.6


1.4


Cash payments to noncontrolling interest

(0.7)


-


(0.7)


(0.5)


Payment of dividends


(6.4)


-


(19.4)


-


Excess tax benefit related to stock option awards

-


-


0.3


2.2

Net cash used in financing activities


(10.6)


(0.1)


(53.4)


(1.2)

汇率变更对现金和现金等效物的影响

1.9


(6.5)


6.5


(8.1)

Net change in cash and cash equivalents


46.2


10.2


11.6


11.5

现金和现金当量在开始时期


232.5


320.8


267.1


319.5

Cash and cash equivalents at end of period


$ 278.7


$ 331.0


$ 278.7


$ 331.0












布鲁克公司








GAAP与非GAAP财务指标的对帐*(未经审计)











(以数百万美元的价格,每股金额除外)

截至9月30日的三个月,


Nine Months Ended September 30,


2016


2015


2016


2015

非GAAP运营收入,非GAAP的对帐
税前利润,非GAAP净收入和非GAAP EPS
















GAAP Operating Income

$ 45.9


$ 28.2


$ 100.3


$ 75.0

非GAAP调整:








Restructuring Costs

5.3


12.7


12.8


21.2

Acquisition-Related Costs

0.4


1.2


10.4


(1.4)

购买了无形的摊销

5.4


5.1


16.2


15.5

其他费用

1.6


5.6


6.2


21.2

Total Non-GAAP Adjustments:

$ 12.7


$ 24.6


$ 45.6


$ 56.5









非GAAP营业收入

$ 58.6


$ 52.8


$ 145.9


$ 131.5

Non-GAAP Operating Margin

14.9%


13.3%


12.8%


11.5%









Non-GAAP Interest & Other Income (Expense), net

(2.9)


(4.6)


(11.1)


(14.1)

税前的非GAAP利润

55.7


48.2


134.8


117.4









非GAAP所得税提供

(3.5)


(15.5)


(15.4)


(28.1)

Non-GAAP Tax Rate

6.3%


32.2%


11.4%


23.9%









少数派利益

(0.5)


(1.1)


(0.8)


(2.7)









归因于布鲁克的非GAAP净收入

51.7


31.6


118.6


86.6









Weighted Average Shares Outstanding (Diluted)

161.5


168.7


162.7


169.1









每股非GAAP收益

$ 0.32


$ 0.19


$ 0.73


$ 0.51

















GAAP和非GAAP毛利润的对帐








GAAP毛利润

$ 185.2


$ 167.5


$ 522.1


$ 497.1

非GAAP调整:








Restructuring Costs

2.5


9.7


6.4


15.9

Acquisition-Related Costs

0.2


0.9


2.3


1.2

购买了无形的摊销

4.7


4.6


14.0


14.0

其他费用

-


-


0.1


-

Total Non-GAAP Adjustments:

7.4


15.2


22.8


31.1

Non-GAAP Gross Profit

$ 192.6


$ 182.7


$ 544.9


$ 528.2

非GAAP毛利率

48.9%


46.1%


47.8%


46.1%









GAAP和非GAAP利息与其他收入(费用)的对帐,净





GAAP利息和其他收入(费用),净

$ (2.9)


$ (4.6)


$ (11.1)


$(14.3)

非GAAP调整:








Sale of Product Line

-


-


-


0.2

Non-GAAP Interest & Other Income (Expense), net

$ (2.9)


$ (4.6)


$ (11.1)


$(14.1)









GAAP运营现金流量和非GAAP自由现金流的对帐





GAAP运营现金流

$ 35.9


$ 54.1


$ 40.0


$ 79.6

非GAAP调整:








购买财产,工厂和设备

(8.8)


(9.4)


(26.0)


(22.8)

Non-GAAP Free Cash Flow

$ 27.1


$ 44.7


$ 14.0


$ 56.8









Reconciliation of GAAP Revenue and Non-GAAP Revenue








GAAP Revenue as of Prior Comparable Period

$ 396.1


$ 419.8


$ 1,145.6


$ 1,300.9

非GAAP调整:








Acquisitions and divestitures

6.3


(11.1)


23.5


(34.0)

Currency

1.2


(45.8)


(1.9)


(145.2)

有机的

(9.7)


33.2


(26.2)


23.9

Total Non-GAAP Adjustments:

(2.2)


(23.7)


(4.6)


(155.3)

非GAAP收入

$ 393.9


$ 396.1


$ 1,141.0


$ 1,145.6

有机的Revenue Growth

-2.4%


8.1%


-2.3%


1.9%









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





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SOURCE 布鲁克公司

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