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EX - 99.1 2 brks - 20210510ex99174cf8c.htm EX - 99.1 Exhibit 99.1 B Brooks Brooks Automation Reports Results of Second Quarter of Fiscal 2021 , Ended March 31 , 2021 , and Announces Quarterly Cash Dividend Record Revenue and Continued Margin Expansion in Both Life Sciences and Semiconductor Solutions CHELMSFORD , Mass . , May 10 , 2021 ( PR Newswire ) -- Brooks Automation , Inc. ( Nasdaq : BRKS ) today reported financial results for the second fiscal quarter of 2021 , ended March 31 , 2021 . Financial Results Summary Dollars in millions , except per share data March 31 , Quarter Ended December 31 , March 31 , Change vs. 2021 2020 2020 Prior Qtr Prior Year Revenue Semiconductor Solutions Life Sciences SSS 287 $ 250 $ 220 15 % 30 % 157 $ 131 130 $ 118 SSSE $ 125 20 % 26 % $ 95 10 % 36 % Diluted EPS Continuing Operations $ 0.32 $ 0.36 Diluted EPS Total $ 0.32 $ 0.35 SS $ 0.12 ( 12 ) % 158 % $ 0.12 ( 9 ) % 158 % Non - GAAP Diluted EPS Continuing Operations $ 0.61 $ 0.47 EA Adjusted EBITDA $ 71 $ 58 EA 0.25 30 % 145 % $ 35 23 % 105 % Today the Company also announced plans to separate into two independent , publicly traded companies by establishing a standalone life sciences company , comprised of the Life Sciences business and a standalone automation company , comprised of the Semiconductor Solutions business . The separation is expected to be completed by end of the calendar year 2021 and does not affect the presentation of the financial statements included within this release . Please see the Company's separate press release for further information . Management Comments " Record level revenue in the second quarter is yet another proof point of the strength and continued momentum of our Life Sciences and Semiconductor Solutions businesses , ” commented Steve Schwartz , President and CEO . " While today's separation announcement reflects years of strategic investment and innovation , we believe that the Life Sciences and Semiconductor Solutions businesses are now of size and scale to operate and benefit from their own standalone structures . Looking ahead , we see strong demand in both businesses supporting continued acceleration as we enter the second half of our fiscal year . "