April 23, 2014 2:13 PM ET

Electrical Equipment

Company Overview of Bruker Energy & Supercon Technologies, Inc.

Company Overview

Bruker Energy & Supercon Technologies, Inc. develops and provides materials and devices for renewable energy, energy infrastructure, healthcare, and big science research markets. It offers low temperature superconductors products comprising NbTi superconductors, NbSn superconductors, and reinforced conductors and conductors with ultra thin filaments for use in diagnostic and research tools for the healthcare and life sciences industries, including clinical MRI and ultra-high field NMR spectroscopy, as well as energy storage, high energy physics, and fusion research applications. The company also provides ceramic high temperature superconductors (HTS), including BSCCO superconductors, YBCO su...

15 Fortune Drive

Billerica, MA 01821

United States

Founded in 2008

333 Employees

Phone:

978-901-7550

Fax:

978-901-7551

Key Executives for Bruker Energy & Supercon Technologies, Inc.

Chief Executive Officer
Age: 46
Executive Chairman and Member of Compensation Committee
Age: 66
Chief Financial Officer
Age: 60
Chief Technology Officer
Age: 47
Chief Accounting Officer
Compensation as of Fiscal Year 2013.

Bruker Energy & Supercon Technologies, Inc. Key Developments

Bruker Energy & Supercon Technologies, Inc. Wins Multiple Contracts Worth over $11 Million from Brookhaven National Lab and Global Beamline Customers

Bruker Energy & Supercon Technologies, Inc. announced the receipt of three contracts from Brookhaven National Laboratory (BNL) valued at $5.5 million for beamline components for the National Synchrotron Light Source (NSLS-II) under construction in New York, as well as four other contracts for beamline experimental stations from customers in Korea, Taiwan, China and the United Kingdom. The three BEST contracts from BNL include beamline components for Coherent Hard X-ray (CHX) Scattering, Submicron Resolution X-ray (SRX) Spectroscopy, and Inelastic X-ray Scattering (IXS).

Bruker Energy & Supercon Technologies, Inc. Reports Unaudited Earnings Results for the Second Quarter and Six Months Ended June 30, 2012

Bruker Energy & Supercon Technologies, Inc. reported unaudited earnings results for the second quarter and six months ended June 30, 2012. For the quarter, the company's revenue was $26.0 million, a decrease of 7.5% compared to $28.1 million in the second quarter of 2011, corresponding to organic revenue growth of 3.2% year-over-year. Operating loss was $0.7 million against operating income of $0.4 million a year ago. Net income attributable to company was $0.2 million against net loss attributable to company of $0.6 million a year ago. Adjusted net income attributable to company was $0.9 million against adjusted net loss attributable to company $0.5 million a year ago. For the six months, the company reported revenue of $56.0 million against $52.1 million a year ago. Operating loss was $1.0 million against $0.3 million a year ago. Net loss attributable to company was $1.5 million or $0.01 per diluted share against $2.4 million or $0.01 per diluted share a year ago. Adjusted operating income was $0.3 million against adjusted operating loss of $0.3 million a year ago. Adjusted net income attributable to company was $0.2 million against adjusted net loss attributable to company $2.2 million a year ago.

Bruker Energy & Supercon Technologies, Inc. Reports Unaudited Earnings Results for the First Quarter Ended March 31, 2012; Provides Earnings Guidance for the Year 2012

Bruker Energy & Supercon Technologies, Inc. reported unaudited earnings results for the first quarter ended March 31, 2012. In the first quarter of 2012, the company’s revenue was $30.0 million, an increase of 25.0% compared to revenue of $24.0 million in the first quarter of 2011. In the first quarter of 2012, the company had adjusted operating income of $0.3 million, compared to an adjusted operating loss of $0.6 million in the first quarter of 2011. Adjusted net loss per diluted share for the company segment in the first quarter of 2012 was $0.01 compared to $0.01 in the first quarter of 2011. Net loss was $1.7 million or $0.01 per diluted share against $1.8 million or $0.01 per diluted share a year ago. Adjusted net loss was $1.1 million against $1.7 million a year ago. Operating loss was $0.3 million against $0.7 million a year ago. For the year 2012, the company expects organic revenue growth of 15%, near break-even adjusted operating income, and an adjusted loss per share of $0.04.

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