Earnings release
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B Brooks BROOKS AUTOMATION REPORTS RESULTS OF THIRD QUARTER OF FISCAL 2021 , ENDED JUNE 30 , 2021 , AND ANNOUNCES QUARTERLY CASH DIVIDEND Robust Demand and Strong Execution Drive Continued Growth in Revenue and Profitability CHELMSFORD , Mass . , Aug. 5 , 2021 / PRNewswire / Brooks Automation , Inc. ( Nasdaq : BRKS ) today reported financial results for the fiscal quarter ended June 30 , 2021 . Financial Results Summary Dollars in millions , except per share data Revenue Semiconductor Solutions Life Sciences Diluted EPS Continuing Operations Diluted EPS Total Non - GAAP Diluted EPS Continuing Operations Adjusted EBITDA Management Comments June 30 , Third Quarter , Fiscal 2021 $ $ $ 2021 $ 129 $ 315 $ 0.53 $ 186 0.53 0.72 78 Quarter Ended March 31 , $ $ $ $ $ $ $ 2021 287 157 130 0.32 0.32 0.61 71 June 30 , $ $ $ $ 2020 $ $ $ 220 127 93 0.19 0.19 0.32 40 Change vs. Prior Qtr 10 % 19 % 0 % 64 % 65 % 17 % 10 % Prior Year 43 % 47 % 38 % 184 % 184 % 127 % 94 % " We are proud of the results of our third fiscal quarter with strong execution by both businesses , " commented Steve Schwartz , President and CEO . " Life Sciences sustained its high growth performance and Semiconductor Solutions acceleration was exceptionally strong . We expect our fourth fiscal quarter of 2021 to continue the upward trajectory . We remain on track for the planned separation into two standalone companies , which is expected to occur by the end of the calendar year . " Summary of GAAP Results • Revenue for the third quarter was $ 315 million , up 43 % year over year driven by growth in both Life Sciences and Semiconductor Solutions . • Diluted EPS from continuing operations was $ 0.53 per share compared to $ 0.19 per share in the third quarter of 2020 . • Life Sciences revenue of $ 129 million grew 38 % year over year . Year - over - year organic growth was 42 % . Life Sciences Products grew 60 % year over year , and Life Sciences Services grew 28 % . Excluding the effect of the recent exit of the RUCDR alliance , Life Science Services grew 43 % . • Semiconductor Solutions revenue was $ 186 million , an increase of 47 % year over year . Year - over - year organic growth was 43 % . • Operating income was $ 50 million , compared to $ 19 million in the third quarter of 2020. Operating margin was 15.9 % , up 730 basis points year over year and was driven by gross margin of 45.8 % , up 370 basis points year over year . Operating expenses in the quarter include approximately $ 6 million in unallocated corporate expenses related to