MASS. MOVERS
Forecast brightens for Brooks Automation
February 12, 2012
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Brooks Automation Inc. forecast second-quarter earnings, excluding some items, of at least 15 cents per share. That beat analysts’ estimate of 12 cents per share. The Chelmsford company supplies equipment for microchip factories and other industries. First-quarter net income was $3 million, or 5 cents per share. “After a slow start to the quarter our semiconductor equipment business recovered. . . . We see this momentum accelerating in the March quarter,’’ said CEO Steve Schwartz.
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