Azenta, Inc. · NASDAQ:AZTA

Azenta — Brooks Automation — Q1 FY2012 Earnings Presentation

14 slides from Azenta's earnings presentation, Feb 9, 2012

  1. Slide 1: 1st Quarter Fiscal 2012 Financial Results Conference Call

    Exhibit 99.2 Exhibit 1st February 1© Copyright Quarter 99.2 9, Fiscal 2012 2012 2012 by Brooks Financial Automation, Results Conference Inc. – Proprietary Call Information

  2. Slide 2: Safe Harbor Statement

    Safe “Safe looking Company’s Regulation This conjunction on © www.brooks.com. Copyright February Harbor presentation Harbor” statements G most with Statement 9, 2012 Statement 2012 the recent contains by that or appropriate Brooks as are SEC under an certain subject attachment filings Automation, th

  3. Slide 3: Significant Events in the Quarter

    Full Balance Significant Industrial Effective © Copyright quarter sheet tax capital Events slow of2012 rate includes Nexus down spend fluctuating by in the Brooks BioSystems in Celigo reductions December Semiconductor from Automation, product acquisition quarter with Quarter line largest activity to

  4. Slide 4: Revenue and Operating Profit Waterfall

    Revenue $Revenues 4th Brooks Amortization 1st © millions Copyright Quarter Quarter Life Product Global and Operating before Fiscal Fiscal Science 2012 Operating increase Services Solutions Special 2012 2011 byProfit Systems Brooks in$Profits ( SG&A Charges 1.8) 120.2 131.0 ( 13.2) Automation, 4.3 (

  5. Slide 5: Gross Profit and Operating Income

    $Fixed Revenues Gross Research Selling, *Operating ©millions Non Copyright Cost Profit, Margin –GAAP general &$Income Q4FY11 Absorption 131.0 development 2012 (excluding %measure &37.1% $(before administrative by Q1FY12 120.2 Brooks and 33.9%—3.2% See acquisition 11.5 special $Mix (www.brooks.com Ch

  6. Slide 6: Net Income and Diluted EPS

    $ Non Revenues Operating Special Other Income excluding Minorities Net GAAP *Adjusted ©millions Copyright Income items –GAAP DEPS charges* Taxes tax DEPS $non-recurring profit Q4FY11 &benefit Attributable 131.0 0.7 2012 joint $impact measure 0.19 0.6 *(before 0.0 $venture by (provision), (Q1FY12 0.1

  7. Slide 7: Adjusted EBITDA, Cash Flow and Cash

    $ Non Adjusted Working Restructuring Net *Cash ©millions Copyright Change Flow and –GAAP Capital EBITDA Cash Marketable FY12 from in2012 &Cash measure flow undistributed Operations Q1 movements by * and $securities Brooks 10.8 See Marketable 5.1 www.brooks.com (4.3) Automation, joint at Capital Dece

  8. Slide 8: Diversification: Customer and Business Exposure

    Diversification #FY11 % 347% 9% 11% Semi FY12Q1 18% Life Industrial BGS Other © of Customers Copyright of11% >10% Sciences 51% 25% Business front Q1 adjacencies FY12 Customers end 2012 to products and Q1 Top by Dilution Brooks 2 1 ofAutomation, Customer Exposures Inc. – Proprietary Information 8

  9. Slide 9: Brooks Life Science Systems Segment

    Brooks Reconciliation $Q1FY12 GAAP Adjustment Revenues Gross acquired Increased Expenses Segment Operating © millions Copyright Profit ments Life Adjust- $( full R&D $Loss 5.5 Comments 0.6) 12.8 for Science 4.8 2012 Non-GAAP quarter 0.0 of fair with 0.4 $( $Q1FY12 GAAP 5.5 by 0.5 0.3) value 5.2 Syst

  10. Slide 10: Brooks Product Solutions Segment

    Brooks $Comments Sequential Industrial Revenues Margin Gross Operating Segment Income © millions Copyright Profit Product of $Operating 8.0 product $Expenses 33.3% Q4FY11 Trends on 98.5 36.7 2012 $ 1.1 Solutions $impacted 28.4 revenues by 85.3 1.3% Q1FY12 28.7 Brooks absorption down operating 27.3 S

  11. Slide 11: Brooks Global Services Segment

    Brooks Comments Revenues Spares Operating Segment © Copyright mix Global Operating $Expenses on and 23.9 2012 $Services favorable millions $ by 22.1 $4.5 4.2 Brooks Decline Sequential 4.2 Q4FY11 $Gross 2.9Automation, 13.3% in Profit Q1FY12 spare Performance operating 8.7part 7.1 Inc. Sequential dema

  12. Slide 12: Q2 FY2012 Guidance

    Revenue, Front recovery. Revenues $3.5 Adjusted tax $3.0 $GAAP Earnings *for © millions 0.06 0.05 Non Copyright Life benefit million End –GAAP $Diluted Science 0.15—$0.20 0.09—$0.14 Per Diluted Continued Margin $Semiconductor Q1FY11 120.2 reduction in-process 2012 Share* Share measure. from Systems

  13. Slide 13: 1st Quarter Fiscal 2012 Financial Results Conference Call

    1stCopyright February © Quarter 9, Fiscal 2012 2012 2012 by Brooks Financial Automation, Results Conference Inc. – Proprietary Call Information 13

  14. Slide 14: GAAP to Non-GAAP Reconciliation

    GAAP in Revenues Gross Research Selling, 40.1 Interest Sale Other, Joint Net Basic Diluted Cost Adjustments Purchasing Inventory Operating Merger $Restructuring Income One-time (1.6) (1.2) millions (income) income of (1.2) of venture earnings shares profit net $non-GAAP to contract revenues costs in

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