NASDAQ$BRKR
Bruker Corp · Q2 2022 earnings
Q2 2022 earnings · · Investor relations
Briefing
Bruker's Q2 2022 financial results were announced, featuring revenue growth and strategic investments.
Bruker reported a 3.1% year-over-year increase in revenue for Q2 2022, with organic revenue growth of 8.8%. GAAP EPS was $0.33, and non-GAAP EPS was $0.45, a 2.3% increase year-over-year. The company is maintaining its FY 2022 guidance for high single-digit organic revenue growth, non-GAAP operating profit margin expansion, and non-GAAP EPS increase.
- Q2 2022 reported revenue growth of 3.1% year-over-year, with organic revenue growth of 8.8%.
- Q2 2022 GAAP EPS was $0.33, and non-GAAP EPS was $0.45, up 2.3% year-over-year.
- Bruker Scientific Instruments (BSI) revenues increased 2.9% year-over-year, with organic revenue growth of 8.1%.
- Bruker Energy & Supercon Technologies (BEST) revenues increased 4.6% year-over-year, with organic growth of 15.1%.
Headline financials
Revenue & EPS history
Bruker · Revenue · Quarterly
$588M
Revenue by segment
Bruker · $59.2M total across 1 segment · Q2 2022
- BEST$59.2M+4.6%100.0%
Forward guidance
Bruker is maintaining its FY 2022 organic revenue growth guidance, while lowering reported revenue growth guidance to account for stronger foreign currency translation headwinds. Bruker continues to expect FY 2022 non-GAAP operating margin expansion of 30 bps to 60 bps year-over-year, from 19.4% in FY 2021. Bruker continues to expect FY 2022 non-GAAP EPS of $2.29 to $2.33, a 9% to 11% increase year-over-year.
Tailwinds
- Organic growth of 7% to 9%.
- M&A contributions of approximately 1.5%.
- Non-GAAP operating margin expansion of 30 bps to 60 bps year-over-year.
- FY 2022 non-GAAP EPS of $2.29 to $2.33.
- 9% to 11% increase year-over-year in non-GAAP EPS.
Headwinds
- Foreign currency translation headwinds of approximately -6%.
- Lowering reported revenue growth guidance.
- Impact of supply chain challenges.
- Impact of geopolitical tensions.
- Continued volatility in the capital markets.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q2 2022
+0.8%
Avg return
Earnings day
+0.5%
Avg return
5 days after
+3.3%
Avg return
30 days after
54%
35 / 65 earnings
Positive
+14.1%
Q1 2019
Best reaction
-13.1%
Q2 2019
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +11.2% | +13.8% | +48.3% | |
| Q4 2025 | -11.6% | -10.2% | -20.5% | |
| Q3 2025 | +6.4% | +2.5% | +22.9% | |
| Q1 2025 | +3.4% | +2.1% | -2.9% | |
| Q4 2024 | -1.0% | -1.7% | -11.0% | |
| Q3 2024 | -0.6% | -2.7% | -1.5% | |
| Q2 2024 | -5.1% | -2.4% | +2.8% | |
| Q1 2024 | -11.4% | -5.9% | -17.1% | |
| Q4 2023 | +13.4% | +15.9% | +30.1% | |
| Q3 2023 | +3.2% | +2.2% | +15.9% | |
| Q2 2023 | -6.7% | -7.6% | -7.1% | |
| Q1 2023 | -2.1% | -4.9% | -11.0% | |
| Q4 2022 | +5.2% | +7.3% | +1.0% | |
| Q3 2022 | +9.5% | +8.7% | +9.6% | |
| Q2 2022 | -7.4% | -9.3% | -18.2% | |
| Q1 2022 | +1.2% | -4.0% | +5.3% | |
| Q4 2021 | -7.7% | -3.9% | -12.1% | |
| Q3 2021 | +1.7% | +1.7% | +0.9% | |
| Q2 2021 | -1.8% | +0.4% | +8.7% | |
| Q1 2021 | -0.5% | -0.0% | +1.4% | |
| Q4 2020 | +1.1% | +3.5% | -1.1% | |
| Q3 2020 | +3.4% | +9.2% | +21.6% | |
| Q2 2020 | +0.2% | -1.1% | -4.1% | |
| Q1 2020 | +6.2% | +4.3% | +16.9% | |
| Q4 2019 | -4.0% | -21.4% | -8.1% | |
| Q3 2019 | +12.4% | +6.8% | +14.9% | |
| Q2 2019 | -13.1% | -12.7% | -9.8% | |
| Q1 2019 | +14.1% | +11.3% | +9.6% | |
| Q4 2018 | +6.3% | +7.4% | +8.5% | |
| Q3 2018 | +6.6% | +6.9% | +5.8% | |
| Q2 2018 | +7.4% | +7.0% | +9.1% | |
| Q1 2018 | +2.0% | +2.9% | +3.4% | |
| Q4 2017 | -7.8% | -5.9% | -6.8% | |
| Q3 2017 | +4.5% | +2.8% | +9.2% | |
| Q2 2017 | -1.2% | -3.1% | +3.2% | |
| Q1 2017 | +3.8% | +4.7% | +12.1% | |
| Q4 2016 | -1.8% | -1.2% | -3.1% | |
| Q3 2016 | +3.6% | +8.9% | +10.1% | |
| Q2 2016 | -12.2% | -10.6% | -9.6% | |
| Q1 2016 | -3.1% | — | — | |
| Q4 2015 | +9.5% | — | — | |
| Q3 2015 | +7.8% | — | — | |
| Q2 2015 | -5.4% | — | — | |
| Q1 2015 | +10.6% | — | — | |
| Q4 2014 | -2.1% | — | — | |
| Q3 2014 | -12.5% | — | — | |
| Q2 2014 | -9.4% | — | — | |
| Q1 2014 | -0.8% | — | — | |
| Q4 2013 | +2.0% | — | — | |
| Q3 2013 | -7.1% | — | — | |
| Q2 2013 | +11.1% | — | — | |
| Q1 2013 | -4.3% | — | — | |
| Q4 2012 | +8.3% | — | — | |
| Q3 2012 | +4.1% | — | — | |
| Q2 2012 | -1.6% | — | — | |
| Q1 2012 | +7.4% | — | — | |
| Q4 2011 | -0.9% | — | — | |
| Q4 2009 | -0.9% | — | — | |
| Q3 2010 | -4.0% | — | — | |
| Q3 2011 | -4.0% | — | — | |
| Q2 2010 | +4.0% | — | — | |
| Q2 2011 | +4.0% | — | — | |
| Q1 2010 | +1.9% | — | — | |
| Q4 2010 | +1.9% | — | — | |
| Q1 2011 | +1.9% | — | — |
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