Bruker (BRKR) Reports 3Q'11 Results

Bruker (BRKR) reported 3Q'11 results prior to the market opening on Thursday, 02011.10. 27. BRKR closed at $14.62 on the 26th, spiked to an intra-day high of $15.70 on the 27th and ended the week at $14.53 on the 28th. 52-week range: $12.15 - $21.65.

Operating cash flow for the third quarter of 2011 was $21.2 million compared to $9.6 million in the comparable period of 2010. Free cash flow was $14.0 million during the third quarter of 2011 compared to use of cash of $1.2 million during the comparable period of 2010. We ended the third quarter of 2011 with cash and cash equivalents and restricted cash of $198.8 million and in net debt of $112.6 million.

I found the following comment especially positive... Frank Laukien (President and Chief Executive Officer): "We believe that Bruker can continue to grow considerably faster than our market even in a slowing macro environment."

I think the 3Q'11 conference call gets interesting near its end...

SeekingAlpha.com::Bruker Corporation's CEO Discusses Q3 2011 Results - Earnings Call Transcript