Bruker Posts 2 Percent Q3 Revenue Decline, Will Lay Off 150 in Anticipation of Weak Q4 | GenomeWeb

NEW YORK (GenomeWeb News) – Bruker reported today that its revenues in the third quarter were down 2 percent year over year, falling to $439 million from $447.8 million in Q3 2012.

The drop was driven by weakness in the company's Energy and Semiconducting Technologies (BEST) segment, which saw revenue decline by 27 percent in the quarter. Bruker's Scientific Instruments segment, which includes its mass spectrometry and life sciences business, grew a fraction of 1 percent year over year.

The results fell short of the average Wall Street estimate of $452.4 million.

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