BRKS announced earnings today. The market didn't like it even though estimates were exceeded.
Brooks Automation beats by $0.06, beats on revs; guides Q1 EPS in-line, revs above consensus
7:03 AM ET 11/9/17 | Briefing.com
Reports Q4 (Sep) earnings of $0.35 per share, excluding non-recurring items, $0.06 better than the Capital IQ Consensus of $0.29; revenues rose 15.4% year/year to $181.88 mln vs the $174.66 mln Capital IQ Consensus.
Adjusted EBITDA was $37 million in the fourth quarter, an improvement of $0.8 million, or 2%, compared to the third fiscal quarter.
Co issues guidance for Q1, sees EPS of $0.27-0.32, excluding non-recurring items, vs. $0.30 Capital IQ Consensus Estimate; sees Q1 revs of $182-188 mln vs. $178.07 mln Capital IQ Consensus Estimate.
At the moment, BRKS is down over -16%.