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Symbol BRKR
Name Bruker Corporation
Currency USD
Sector Health Care
IndustryGroup Health Care Equipment & Services
Industry Health Care Technology
Market NASDAQ Global Select
Country United States
State MA
City Billerica
Zipcode 1821
Website http://www.bruker.com
Bruker Corporation specializes in the development, manufacturing, and distribution of scientific instruments and analytical solutions across various segments. Its BSI BioSpin segment focuses on magnetic resonance technology, while BSI CALID offers mass spectrometry and ion mobility solutions. Additionally, the BSI Nano segment provides advanced imaging instruments, and the Bruker Energy & Supercon Technologies segment develops materials for renewable energy and healthcare applications.
State Street Corp increased its stake in Bruker Corporation to 3,627,300 shares valued at $250.5 million, while RTW Investments LP and Geode Capital Management also raised their holdings. UBS Group initiated coverage with a "neutral" rating and a $66 price target, suggesting a 7.4% upside. Bruker reported a quarterly EPS of $0.60, slightly below estimates, with revenue up 16.4% year-over-year.
Beckman Coulter Life Sciences has appointed Joe Fox as President, effective immediately. With over 13 years at SCIEX, Fox aims to drive innovation and sustainability in laboratory automation, leading a global team of over 3,300 associates to tackle health challenges and enhance patient care. The company has also launched new solutions in 2024 to improve laboratory workflows and partnered with DLL Financial Solutions for accessible financing options.
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