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To: robert b furman who wrote (957)

8/7/2015 9:18:18 AM

From: robert b furman

Respond to of 1138

Brooks beats by 5 cents:

PRESS RELEASE

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Brooks Automation Reports Fiscal Third Quarter of 2015 Ended June 30, 2015 Results

CHELMSFORD, Mass., Aug. 06, 2015 (GLOBE NEWSWIRE) -- Brooks Automation, Inc. (Nasdaq:BRKS), a leading worldwide provider of automation and cryogenic solutions for multiple markets including semiconductor manufacturing and life sciences, today reported financial results for the third quarter endedJune 30, 2015.

Fiscal Third Quarter of 2015 Financial and Operational Highlights:

Revenue was $144.9 million;

Total order bookings were $151.7 million;

GAAP Net Income was $7.7 million with diluted EPS of $0.11;

Non-GAAP Net Income was $10.3 million with diluted EPS of $0.15;

Operating cash flow was $16.5 million;

Total of Cash, Cash Equivalents, and Marketable Securities, as of June 30, was $214.6 million or $3.13 per Diluted Share with no bank debt.

Summary of GAAP and Non-GAAP Earnings


	Quarter Ended
	June 30,		March 31,		June 30,
Dollars in thousands, except per share data	2015		2015		2014
GAAP net income attributable to Brooks Automation, Inc.	$	7,681	$	2,711	$	24,476
GAAP diluted earnings per share	$	0.11	$	0.04	$	0.36

Non-GAAP net income attributable to Brooks Automation, Inc.	$	10,277	$	5,429	$	3,602
Non-GAAP diluted earnings per share	$	0.15	$	0.08	$	0.05

A reconciliation of non-GAAP measures to the most nearly comparable GAAP measures follows the consolidated balance sheets, statements of operations and statements of cash flows included in this release.

Management Comments
"Our performance in the quarter demonstrates the strength of our Product Solutions business. As the Semi front-end manufacturers implement each new project, we have seen increasing reliance on Brooks’ vacuum and contamination control technology,” stated Dr. Steve Schwartz, Chief Executive Officer of Brooks. “We have driven gross margins back to our expected levels as a result of operational improvements and continued cost reductions. In our Life Science Systems segment we made significant strides in the planned restructuring of the sample stores manufacturing and the build-out of the FluidX consumables and instruments team. Most notable for the future in sample management, the team is well positioned to ship the first automated stores in the -150°C Cryogenic space.”

Good book to bill

They note some in semi equipment see slower sales but we see market share gains as 10 nm gets installed.

Internet of things is driving continued build out of 200 mm legacy products.

I just love these guys confidence and capabilities.

A small buy very competent group of very smart people oh yea with 215 million and no debt !

Bob