Flir Systems, Inc. (FLIR) Misses Q2 EPS by 4c; Cuts FY11 Outlook; Acquires Aerius Photonics iin $27M Deal
Tweet
Share
E-mailGet Alerts FLIR Hot Sheet
Join SI Premium – FREE
Flir Systems, Inc. (NASDAQ: FLIR) reported Q2 EPS of $0.35, $0.04 worse than the analyst estimate of $0.39. Revenue for the quarter came in at $390 million versus the consensus estimate of $411.53 million.
Flir Systems, Inc. sees FY2011 EPS of $1.33-$1.38, versus prior guidance of $1.70-$1.75 and the consensus of $1.72. Flir Systems, Inc. sees FY2011 revenue of $1.60-$1.65 billion, versus prior guidance of $1.70-$1.75 billion and the consensus of $1.70 billion.
FLIR today also announced that it has acquired Aerius Photonics, LLC, a leading provider of short-wavelength infrared (SWIR) detectors and advanced laser components, for $27 million in cash.
Flir Systems, Inc. sees FY2011 EPS of $1.33-$1.38, versus prior guidance of $1.70-$1.75 and the consensus of $1.72. Flir Systems, Inc. sees FY2011 revenue of $1.60-$1.65 billion, versus prior guidance of $1.70-$1.75 billion and the consensus of $1.70 billion.
FLIR today also announced that it has acquired Aerius Photonics, LLC, a leading provider of short-wavelength infrared (SWIR) detectors and advanced laser components, for $27 million in cash.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- North American Construction (NOA) Tops Q2 EPS by 9c; Offers Guidance
- Stantec (STN) Tops Q2 EPS by 47c
- FGI Industries Ltd (FGI) Tops Q2 EPS by 59c
Create E-mail Alert Related Categories
Earnings, Guidance, Hot Guidance, Mergers and AcquisitionsSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
