- Bruker Corporation reported financial results for Q1 2016 with total revenue increasing 6.2% year-over-year to $375.4 million. Organic revenue growth was 5.6% excluding currency effects and M&A.
- Non-GAAP operating margin expanded 250 basis points to 12.6% due to increased operating leverage. Non-GAAP EPS grew 50% year-over-year.
- For full-year 2016, Bruker expects organic revenue growth of approximately 3% and non-GAAP operating margin expansion of approximately 100 basis points year-over-year. Guidance for non-GAAP EPS is $0.97 to $1.02.