Revenue Update on Brooks Automation Inc(NASDAQ:BRKS)

Brooks Automation Inc(NASDAQ:BRKS) announced the earnings results for Fiscal Year 2016 and Q3. The results came in during After-hours on Jul 28, 2016. Company reported revenue of $147.53M. Analysts estimated a revenue of $144.40M. Earnings per share were $0.16.

Brooks Automation Inc (BRKS) shares turned negative on Thursdays trading session with the shares closing down -0.07 points or -0.57% at a volume of 1,07,078. The pessimistic mood was evident in the company shares which never went considerably beyond the level of $12.38. The peak price level was also seen at $12.38 while the days lowest was $12.25. Finally the shares closed at $12.27. The 52-week high of the shares is $13.2 while the 52-week low is $8.33. According to the latest information available, the market cap of the company is $842 M.

Several Insider Transactions has been reported to the SEC. On Jul 19, 2016, William T. Montone (SVP, Human Resources) sold 5,000 shares at $12.08 per share price.Also, On Jul 14, 2016, Jason Joseph (VP, General Counsel, Secretary) sold 1,450 shares at $12.00 per share price.On Mar 18, 2016, David C Gray (Chief Strategy & New Business) sold 12,089 shares at $9.99 per share price, according to the Form-4 filing with the securities and exchange commission.

Brooks Automation Inc. is a global provider of automation vacuum and instrumentation solutions for multiple markets including semiconductor manufacturing technology device manufacturing and life sciences. The Company operates in three segments: Brooks Product Solutions Brooks Global Services and Brooks Life Science Systems. The Brooks Product Solutions segment provides a variety of products and solutions that enable improved throughput and yield in controlled operating environments. The Brooks Global Services segment provides an extensive range of support services including repair services diagnostic support services and installation services in support of the base equipment installed by its Brooks Product Solutions segment. The Brooks Life Science Systems segment provides automated sample management systems for automated cold sample storage equipment for sample preparation and handling consumables and parts and support services to a wide range of life science customers.

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