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Fuel Systems Solutions (FSYS) Tops Q3 Views; Guides Higher

November 9, 2006 4:20 PM EST
FSYS Hot Sheet
Revenue Growth %: +7.3%

Financial Fact:
Operating income: 1.04M

Today's EPS Names:
TARO, BRLI, TLB, More
Fuel Systems Solutions, Inc. (Nasdaq: FSYS) reports Q3 EPS of $0.22 versus the consensus of $0.13. Revenues came in at $55.43 million versus the consensus of $44.15 million.

The company expects to surpass its previously stated revenue guidance of $200 million for the year, and now expects to achieve revenue of at least $210 million in 2006. The company also reiterated that the company expects to achieve gross profit margin of 25 to 27 percent and operating margin of approximately 10 percent for 2006. The consensus is $203 million.

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