Brooks: Fiscal 1Q Earnings Snapshot

CHELMSFORD, Mass. (AP) _ Brooks Automation Inc. (BRKS) on Tuesday reported fiscal first-quarter net income of $14.4 million.

On a per-share basis, the Chelmsford, Massachusetts-based company said it had profit of 20 cents. Earnings, adjusted for one-time gains and costs, came to 21 cents per share.

The results topped Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 12 cents per share.

The supplier to semiconductor manufacturers posted revenue of $179.4 million in the period, also exceeding Street forecasts. Three analysts surveyed by Zacks expected $174.2 million.

For the current quarter ending in April, Brooks expects its per-share earnings to range from 7 cents to 12 cents.

The company said it expects revenue in the range of $190 million to $200 million for the fiscal second quarter.

Brooks shares have climbed 20 percent since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $31.39, an increase of 26 percent in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on BRKS at https://www.zacks.com/ap/BRKS