Skip to main content
Premium Trial:

Request an Annual Quote

Bruker Q2 Revenue Jumps 10 Percent as Profit Surges 69 Percent; Shares Climb 6 Percent

NEW YORK (GenomeWeb News) – Bruker Biosciences today reported that total revenues for the second quarter increased nearly 10 percent as net income jumped 69 percent.
 
The report caused shares in Bruker to trade up 6 percent, or $.35, at $5.86 in mid-afternoon trading.
 
Receipts for the three months ended June 30 increased to $78 million from $71 million year over year.
 
R&D costs declined 3 percent to $10.6 million from $11 million from the comparable quarter a year ago.
 
The company said net income increased to $480,000 from $284,000 during the comparable period last year.
 
Bruker said it had around $96.6 million in cash and cash equivalents as of June 30.

The Scan

Mosquitos Genetically Modified to Prevent Malaria Spread

A gene drive approach could be used to render mosquitos unable to spread malaria, researchers report in Science Advances.

Gut Microbiomes Allow Bears to Grow to Similar Sizes Despite Differing Diets

Researchers in Scientific Reports find that the makeup of brown bears' gut microbiomes allows them to reach similar sizes even when feasting on different foods.

Finding Safe Harbor in the Human Genome

In Genome Biology, researchers present a new approach to identify genomic safe harbors where transgenes can be expressed without affecting host cell function.

New Data Point to Nuanced Relationship Between Major Depression, Bipolar Disorder

Lund University researchers in JAMA Psychiatry uncover overlapping genetic liabilities for major depression and bipolar disorder.