Earnings release
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EX - 99.1 2 brks - 20210202ex991a7f5f5.htm EX - 99.1 Exhibit 99.1 Brooks Brooks Automation Reports Results of First Quarter of Fiscal 2021 , Ended December 31 , 2020 , and Announces Quarterly Cash Dividend Strong Revenue Growth and Margin Expansion Year Over Year In Both Life Sciences and Semiconductor Solutions CHELMSFORD , Mass . , February 2 , 2021 ( PR Newswire ) -- Brooks Automation , Inc. ( Nasdaq : BRKS ) today reported financial results for the first fiscal quarter of 2021 , ended December 31 , 2020 . Financial Results Summary Dollars in millions , except per share data December 31 , 2020 Quarter Ended September 30 , December 31 , Change vs. 2020 2019 Prior Qtr Prior Year Revenue $ 250 $ 246 $ 210 1 % 19 % Semiconductor Solutions $ 131 $ Life Sciences $ 118 $ SS 138 $ 119 ( 5 ) % 11 % 108 $ 92 9 % 29 % Diluted EPS Continuing Operations $ 0.36 Diluted EPS Total $ 0.35 $ ESS $ 0.39 $ 0.18 ( 7 ) % 103 % 0.39 $ 0.18 ( 11 ) % 98 % Non - GAAP Diluted EPS Continuing Operations $ 0.47 $ Adjusted EBITDA $ 58 EA EA 0.47 $ 0.23 1 % 108 % 54 $ 32 7 % 81 % Management Comments " We are very pleased with the results of our first quarter of 2021 as we continued our trajectory of strong profitable growth , ” commented Steve Schwartz , president and CEO . “ Our life sciences business had another exceptional quarter , driven by both product and services offerings . Semiconductor remains robust and is poised to accelerate in the second quarter given a healthy order backlog and market tailwinds . " Summary of GAAP Results First Quarter , Fiscal 2021 Revenue for the first quarter was $ 250 million , up 19 % year over year , supported by growth in both Life Sciences and Semiconductor Solutions . Diluted EPS from continuing operations was $ 0.36 per share compared to $ 0.18 per share in the first quarter of 2020 . Life Sciences revenue of $ 118 million grew 29 % year over year . Year - over - year organic growth was 32 % . Life Sciences Products grew 53 % year over year , and Life Sciences Services grew 17 % . Life Sciences Services increased 28 % , excluding the effect of the recent exit of the RUCDR alliance . Semiconductor Solutions revenue was $ 131 million , an increase of 11 % year over year . GAAP operating income was $ 31 million , compared to $ 11 million in the first quarter of 2020 . GAAP operating margin was 12.4 % , up 730 basis points year over year .