Earnings release
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BRUKER NEWS RELEASE Bruker Reports Third Quarter 2021 Financial Results 11/1/2021 • Q3 2021 revenues of $ 608.9 million , up 19.1 % year - over - year ( yoy ) ; organic growth of 17.8 % • Q3 2021 GAAP EPS of $ 0.57 , up 63 % yoy ; non - GAAP EPS of $ 0.63 , up 50 % yoy • Raising FY 2021 guidance significantly on strong demand for Bruker's products and solutions BILLERICA , Mass .-- ( BUSINESS WIRE ) -- Bruker Corporation ( Nasdaq : BRKR ) today announced financial results for its third quarter and for the nine months ended September 30 , 2021 . Third Quarter 2021 Financial Results Bruker's revenues for the third quarter of 2021 were $ 608.9 million , an increase of 19.1 % compared to revenues of $ 511.4 million in the third quarter of 2020. In the third quarter of 2021 , revenues increased 17.8 % organically year over - year , growth from acquisitions was 0.3 % and foreign currency translation had a positive effect of 1.0 % . In the third quarter of 2021 , Bruker continued to see strong , broad - based demand for its products and solutions across its Bruker Scientific Instruments ( BSI ) Groups and the BEST segment . Third quarter 2021 GAAP operating income was $ 113.2 million , compared to $ 81.2 million in the third quarter of 2020 , representing GAAP operating margins of 18.6 % and 15.9 % , respectively . Non - GAAP operating income was $ 125.4 million in the third quarter of 2021 , compared to $ 94.9 million in the third quarter of 2020. Bruker's third quarter 2021 non - GAAP operating margin was 20.6 % , compared to 18.6 % in the third quarter of 2020. The year over - year increases in the Company's GAAP and non - GAAP operating income and operating margins were primarily due to higher revenues and improved gross margins . Third quarter 2021 GAAP diluted earnings per share ( EPS ) were $ 0.57 , compared to $ 0.35 in the third quarter of 2020. Third quarter 2021 non - GAAP diluted EPS were $ 0.63 , an increase of 50 % compared to $ 0.42 in the third 1