Friday January 21, 9:00 am Eastern
Company Press Release
Brooks Automation to Exceed
Q1 FY00 Expectations
Mass.--(BUSINESS WIRE)--Jan. 21, 2000--Brooks Automation, Inc.
(NASDAQ:BRKS - news) today announced that results for its
first fiscal quarter, ended 12/31/99, are anticipated
to exceed the current First Call consensus of $0.06
EPS (excluding amortization of goodwill). ``Our
results for the first quarter are going to be better than
the First Call consensus,'' said Robert J. Therrien,
President and Chief Executive Officer of Brooks Automation,
Inc. ``Revenue will be just above $50 million, which
is greater than the $40-$42 million previously
expected, based on the strength of module and system
shipments to OEMs, better than expected results in our
Infab subsidiary, and a significant new software
customer. Greater revenue than anticipated, coupled with
expenses growing less rapidly than revenue will deliver in
Q1 FY00 EPS (excluding amortization of goodwill) in
the range of $0.23-$0.25, emphasizing the operating
leverage the business is capable of.
financial results of the first quarter, I am also pleased
with the progress of integrating and assimilating our
recent acquisitions. We have hosted our first combined
users conference, held our first world-wide combined
sales force meeting, held an OEM strategy/technical
road map session, made management changes where
necessary and see opportunities for synergies.
reaction from customers has been positive, with customers
wanting to know more of Brooks total capabilities, as
well as the sales organization identifying
opportunities for cross-selling different products of the
business units into the installed base. I feel that
customers are only now beginning to appreciate the extent
of automation solutions that Brooks can deliver.``
only shows an 8-k with that date, detailing the
auto-sim and auto-soft acquisitions. Here's an
Item 2. ACQUISITION OF ASSETS
On January 6,
2000, Brooks Automation, Inc. ("Brooks" or
"Registrant"), a leading supplier of tool and factory automation
solutions for the global semiconductor, data storage and
flat panel display manufacturing
completed the previously announced acquisition of the
businesses of Auto-Soft Corporation ("ASC") and
AutoSimulations, Inc. ("ASI", and together with ASC, the
"Companies") from Daifuku America Corporation ("Daifuku
America"), a U.S.
subsidiary of Daifuku Co., Ltd. of
Japan. The transaction adds two leading automation
software companies to the family of Brooks integrated
software solutions. ASC, founded in 1985, is a leading
material handling software and systems integration company
focusing on manufacturing and distribution of logistic
systems for the semiconductor industry. ASI is the world
leader in robotic and material handling simulation,
scheduling and real time dispatching software for the
semiconductor industry. Brooks will continue to operate the
businesses of ASC and ASI as separate subsidiaries.
Someone with some real information please post.
What is BRKS strategy for positioning all these new
acquisitions? So far looks like a flea market
What is the overall plan for integrating and selling
the fastec and autosoft software components? Cell
controllers? MCS? MES? Is the stuff compatible with other
automation vendors hardware (PRIA, Dafuku, Murata)? Who is
purchasing the software control products? Is BRKS developing
their own material handling hardware?
What's going? Is someone asleep at the wheel? How come
no news! Are you selling pods, equipment or pipe
Solid on the tool robotics. As BRKS largest customer,
what % is Novellus responsible for pulling this sled
When is next scheduled earnings release?
far this board has been a dud.
In case you're still around, we now have answers
to your questions:
"What is BRKS strategy for
positioning all these new acquisitions? So far looks like a
flea market supplier.
"Infab? What's going? Is
someone asleep at the wheel? How come no news! Are you
selling pods, equipment or pipe dreams?
"PS So far
this board has been a dud."
I'd say the board
and BRKS are doing just fine. If you look at the
operating leverage this company will be generating over the
next year or two (20% revenue surprise causing a 300%
earnings surprise), the stock is starting to look cheap,
even at this new high. And there are rumblings that
ASYT might be built on
http://talk.techstocks.com/~wsapi/investor/reply-12636303 In that case, BRKS should be the valuation
The FASTech and Autosoft products had been
integrated long before the acquisition.
They have been
running in several fabs for several years now. Most of
these products are
compatible with other vendor
products as well.
The acquisitions made recently
have a common theme of creating a highly integrated
product and make inroads into the atmospheric robot
I think this stock is a buy even at these levels.
It is impossible to predict the stock
any authority though.
-- Disclaimer --
I am a BRKS employee. What I
state above is my opinion only. I do not have any