Business

mass. movers

Results hit Brooks Automation

Brooks also services customers in LED markets.

istockphoto.com

Brooks also services customers in LED markets.

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Brooks Automation Inc. fell after it posted quarterly earnings of 14 cents per share, missing the consensus analyst estimate of 19 cents. Revenue was down 24.6 percent year-over-year. The company said it was hurt by the timing of tender awards for major systems in Europe and the absence of one-time gains recorded last year. The provider of automation systems and instrumentation solutions reported third-quarter net income of $8.03 million or 12 cents per share.

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