Brooks Automation Inc. (BRKS) Thursday reported third-quarter net income of $116 million or $1.77 per share, compared with $12.7 million or $0.19 per share last year.
Results for the 2012 quarter included a tax benefit of about $124 million. Excluding items, adjusted earnings for the quarter were $5.5 million or $0.08 per share.
On average, analysts polled by Thomson Reuters expected earnings of $0.02 per share for the quarter.
Revenues for the quarter were $119.5 million, compared with $131 million in the prior year. Analysts estimated revenues of $115.08 million.
Looking ahead to the first quarter, Brooks expects non-GAAP loss in a range of $0.15 to $0.07 per share. Revenues are expected to be between $85 million and $95 million.
Analysts currently estimate a loss of $0.01 per share on revenues of $109.85 million.
Brooks Automation provides automation, vacuum and instrumentation solutions.
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