Bruker Corporation appoints new board member

Published 21/02/2025, 14:10
Bruker Corporation appoints new board member

BILLERICA, Mass. - Bruker Corporation (NASDAQ:BRKR), a prominent player in the life sciences and diagnostics industries with a market capitalization of $8 billion, has announced the appointment of Laura Francis as an independent director to its board. The appointment took effect on February 18, 2025, with plans for Ms. Francis to join the Audit Committee as a financial expert following the annual shareholder meeting at the end of May 2025. According to InvestingPro data, Bruker maintains strong financial health with a current ratio of 1.6 and sufficient cash flows to cover interest payments.

With a career spanning various executive and leadership roles, Laura Francis currently serves as the CEO and a board member of SI-BONE, Inc. (NASDAQ:SIBN), a medical device company focused on sacropelvic musculoskeletal disorders. Her experience includes tenures as CFO and COO of SI-BONE, as well as positions at Auxogyn, now a part of Progyny (NASDAQ:PGNY), and Promega Corporation. Francis has also held roles with McKinsey & Company and Coopers & Lybrand, now known as PricewaterhouseCoopers, and previously served on the board of Shockwave Medical , Inc. (NASDAQ:SWAV).

Francis’s educational background includes a B.B.A. in Accounting and Finance from the University of Wisconsin and an M.B.A. from Stanford University. She is also a Certified Public Accountant (inactive) in California.

Reflecting on her appointment, Francis expressed her honor in joining Bruker’s Board of Directors, a company she respects and previously served as CFO. She looks forward to contributing to Bruker’s innovation and growth.

Frank H. Laukien, chairman, president, and CEO of Bruker Corporation, warmly welcomed Francis to the board, citing her extensive experience in the medtech and life science tools industries as valuable assets for guiding Bruker’s growth and strategic execution.

Bruker Corporation is known for its scientific instruments and analytical and diagnostic solutions, which support significant scientific research and industrial applications. The company’s technologies facilitate discoveries in life and material sciences at various scales and contribute to enhancing human life quality. With annual revenue exceeding $3.3 billion and a gross profit margin of 50%, Bruker demonstrates strong market presence. InvestingPro analysis reveals multiple additional insights about Bruker’s financial health and growth prospects, available through the comprehensive Pro Research Report, part of the platform’s coverage of over 1,400 US stocks.

This board appointment reflects Bruker’s commitment to leadership and expertise to steer the company’s future endeavors. The company’s next earnings announcement is scheduled for April 30, 2025, with analysts maintaining a positive outlook despite recent earnings estimate revisions. The information in this article is based on a press release statement from Bruker Corporation and financial data from InvestingPro.

In other recent news, Bruker Corporation reported its fourth-quarter 2024 earnings, exceeding analysts’ expectations. The company achieved an earnings per share (EPS) of $0.76, surpassing the forecasted $0.74, and reported revenue of $979.6 million, which was higher than the expected $962.38 million. Despite this positive performance, Bruker’s stock experienced a slight decline. The company’s revenue saw a 14.6% year-over-year increase, contributing to a full-year revenue of $3.37 billion, marking a 13.6% increase. Bruker has provided guidance for 2025, projecting revenue growth between $3.47 billion and $3.54 billion, with an expected EPS range of $2.67 to $2.72. The company also anticipates organic revenue growth of 3-4% and has plans for strategic acquisitions and innovations to further bolster its market position. Looking ahead, Bruker is optimistic about a gradual recovery in the biopharma sector, while managing uncertainties related to NIH funding.

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