Q1 2023 Earnings Presentation slide image

Q1 2023 Earnings Presentation

NON-GAAP FINANCIAL PERFORMANCE Q1 2023 Non-GAAP Results Year-over-Year [$M, except EPS] Total Revenues Gross Profit Margin (% of revenues) SG&A (% of revenues) R&D (% of revenues) Operating Profit (% of revenues) Tax Rate Net Income* EPS Shares Outstanding Q1 2023 685.3 365.9 53.4% 2023 Bruker (157.4) 23.0% (69.0) 10.1% 139.4 20.3% 27.8% 95.1 $0.64 147.6 Q1 2022 595.0 313.3 52.7% (140.9) 23.7% (56.6) 9.5% 115.8 19.5% 32.7% 74.6 $0.49 151.4 A +15.2% +16.8% +70 bps +11.7% +21.9% +20.4% +80 bps -490 bps +27.5% +30.6% -2.5% *Attributable to Bruker. Sum of items may not total due to rounding. Reconciliations of non-GAAP to GAAP financial measures are available in our earnings press release and at the end of this presentation. BRUKER Comments (year-over-year) Gross margin up +70 bps on volume leverage, higher Project Accelerate mix and pricing, offset in part by inflation and supply chain headwinds Non-GAAP operating margin up +80 bps, primarily on gross margin expansion Non-GAAP tax rate of 27.8% Non-GAAP EPS of $0.64, up 30.6% Reduced share count on share repurchases Q1 2023 Earnings Presentation | May 4, 2023 I 12
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