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Benzinga
Benzinga
Business
Triveni Kothapalli

Bruker's Big Cost Cuts May Not Be Enough To Offset Margin Pain

MA Bruker BRKR
Stuttgart,,Germany,-,10-18-2024:,Person,Holding,Mobile,Phone,With,Logo

Bruker Corporation (NASDAQ:BRKR) reported its third-quarter earnings on Monday, beating Wall Street expectations, despite a decline in profit and revenue compared to the same period last year.

The company posted earnings of 45 cents per share, above analysts’ estimates of 34 cents, but down from 60 cents in the same period last year.

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