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Home » Business, Policy & Funding » Business News » Bruker Q4 Revenues up 9 Percent; Job Cuts Ahead

Bruker Q4 Revenues up 9 Percent; Job Cuts Ahead

Feb 19, 2013
|
staff reporter

NEW YORK (GenomeWeb News) – Bruker today said that revenues for its fourth quarter rose 9 percent year over year, and it beat the average analyst estimates on the top and bottom lines.

Despite the strong finish to the year, a company official said on a conference call following the release of the results that restructuring initiatives are expected to result in layoffs this year.

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