Bruker Corp. Reports Stronger-than-Expected Q4 Earnings

BILLERICA, Mass. - Bruker Corp. (BRKR) announced earnings of $13.7 million for the fourth quarter of 2022, surpassing analysts' expectations.

Key Financial Highlights:

* Earnings per share: $0.76 adjusted
* Revenue: $979.6 million
* Annual revenue: $3.37 billion

Guidance:

Bruker expects full-year 2023 earnings in the range of $2.67 to $2.72 per share and revenue between $3.47 billion and $3.54 billion.

Market Performance:

Bruker shares have declined by 12% since the start of the year and by 27% over the past 12 months.