Q1 2023 Earnings Presentation
Q1 2023 BUSINESS UPDATE
Q1 2023: Strong Organic Order and Revenue Growth, Margin Expansion and EPS
Growth Providing a Solid Start for 2023
Q1 2023 Performance Year-over-Year
* Revenue increased $90.3M, or +15.2%
■ Organic growth of +17.6%; BSI up +18.4% and BEST up +9.7% organically,
all compared to a strong Q1-22
■ Acquisitions add +2.1%; Constant currency (CC) growth of 19.7%
■ FX headwind of (4.5%)
* Non-GAAP gross margin of 53.4%, up +70 bps
❖ Non-GAAP operating margin of 20.3%, up +80 bps
* GAAP EPS of $0.52, up +26.8%
❖ Non-GAAP EPS of $0.64, up +30.6%
Non-GAAP ROIC of 24.0% for trailing twelve months
→
Revenues [$M]
Q1-23
685.3
Q1-22
Q1 Financials
Q1-23
Non-GAAP EPS
595.0
Q1-22
$0.64
$0.49
Reconciliations of non-GAAP to GAAP financial measures are available in our earnings press release and at the end of this presentation. Y-o-y: year over year. Bps: basis points
2023 Bruker
Q1 2023 Earnings Presentation |
BRUKER
+15.2%
+30.6%
May 4, 2023
I
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