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Brooks Automation Inc (BRKS) Q2 2021 Earnings Call Transcript


Operator
Greetings and welcome to the Brooks Automation Q2 2021 Financial Results. [Operator Instructions] I will now turn the conference over to Sara Silverman, Director of Investor Relations. Please go ahead.
Sara Silverman
Director, Investor Relations
Thank you, operator, and good afternoon to everyone on the line today. We would like to welcome you to our earnings conference call for the second quarter of fiscal year 2021. Earlier this afternoon, we also issued a press release describing plans for separating our company into two independent publicly traded companies, one for our Semiconductor business and one for our Life Sciences business. We will use this call to also address this important announcement. ....

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Kepone (Chlordecone) – Encyclopedia Virginia


SUMMARY
Kepone, also known as chlordecone, is a toxic, nonbiodegradable insecticide that a chemical plant in Hopewell, Virginia dumped into the James River from 1966 until 1975. The chemical’s negative effect on the environment was documented and eventually publicized, leading authorities to shut down the Allied Chemical Corporation plant that produced Kepone and to order fishing bans and advisories. The environmental and medical scandal was one of the first of its kind to play out nationally, and while it eventually led to the destruction of the Virginia fishing industry, it also led to improved environmental awareness.
Kepone Environmental HazardKepone is the proprietary name for decachloroocta-hydro-1,3,4,-metheno-2H-cyclobuta[cd]-pentalene-2-one, a synthetic chlorinated insecticide. The drug was patented in the 1950s by Allied Chemical and introduced in 1958 as a virtually invincible compound to combat leaf-eating insects, ants, roaches, and fly larvae. Bet ....

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Brooks Automation Reports Results of First Quarter of Fiscal 2021, Ended December 31, 2020, and Announces Quarterly Cash Dividend


Brooks Automation Reports Results of First Quarter of Fiscal 2021, Ended December 31, 2020, and Announces Quarterly Cash Dividend
Strong Revenue Growth and Margin Expansion Year Over Year In Both Life Sciences and Semiconductor Solutions
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CHELMSFORD, Mass., Feb. 2, 2021 /PRNewswire/  Brooks Automation, Inc. (Nasdaq: BRKS) today reported financial results for the first fiscal quarter of 2021, ended December 31, 2020.
Financial Results Summary
December 31, 
$
Management Comments
We are very pleased with the results of our first quarter of 2021 as we continued our trajectory of strong profitable growth, commented Steve Schwartz, president and CEO. Our life sciences business had another exceptional quarter, driven by both product and services offerings. Semiconductor remains robust and is poised to accelerate in the second quarter given a healthy order backlog and market tailwinds. ....

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