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Medical device companies: These 15 performed the best in 2017

January 5, 2018 By Chris Newmarker

10. Bruker (Nasdaq:BRKR): +62.0%

Bruker

Bruker – the Billerica, Mass.–based provider of high-performance scientific instruments and high-value analytical and diagnostic – saw its third-quarter revenues increase 10.6% year-over-year, to nearly $436 million. Sales for the first nine months of the year were up 8.3%, to $1.2 billion.

“This growth reflects improvements in our academic markets, particularly in Europe, and in global industrial markets, as well as contributions from our targeted growth areas,” Bruker CEO Frank Laukien said in a news release. “In the first nine months of 2017, Bruker’s operating profit has increased at double-digit rates on both a GAAP and non-GAAP basis, while year-over-year EPS comparisons were adversely affected by an unusually low 2016 tax rate, as expected.”

Bruker in November upped its revenue growth forecast to 8–8.5%. This month, it made a play to expand its microbiology assay through its acquisition of InVivo Biotech Services (Hennigsdorf, Germany).

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About The Author

Avatar photo
Chris Newmarker

Chris Newmarker is the executive editor of WTWH Media life science's news websites and publications including MassDevice, Medical Design & Outsourcing and more. A professional journalist of 18 years, he is a veteran of UBM (now Informa) and The Associated Press whose career has taken him from Ohio to Virginia, New Jersey and, most recently, Minnesota. He’s covered a wide variety of subjects, but his focus over the past decade has been business and technology. He holds bachelor’s degrees in journalism and political science from Ohio State University. Connect with him on LinkedIn or email at [email protected].

Comments

  1. DMo says

    January 9, 2018 at 1:29 pm

    Was going to read this article but refuse to go through multiple clicks to see a list. Can you just give the list?

    • Avatar photoChris Newmarker says

      January 9, 2018 at 7:00 pm

      There’s a link on the opening slide where you can download a full spreadsheet of 100 companies and their stock performance. Hope that helps.

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  • Home
  • Medical Device Business
    • Mergers & Acquisitions
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  • Applications
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    • Devices
    • Imaging
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    • Orthopedic
    • Surgical
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