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Bruker Posts 90-Percent Jump in Q1 Profit Despite Slight Revenue Slip

Bruker BioSciences this week posted a slight drop in first quarter revenues even though net income swelled by nearly 90 percent.

For the quarter ended March 31, revenues were $74.4 million, down less than 1 percent from the $74.9 million the company earned in the first quarter of 2005.

Bruker said that it spent $10.3 million on R&D in the first quarter, compared to $11 million in the comparable period last year.

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Forbes reports that a structural biology lab at Oxford University studying the coronavirus was hacked.

Politico reports that the NYPD DNA database has grown since it announced it would be removing profiles from it.

Science reports that a Dutch research funding agency is combating a ransomware attack.

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