Perceptron, Inc. (PRCP) Reports Q1 Loss of $0.15, Sees Strong Sales Over Next Three Quarters

November 10, 2011 9:47 AM EST
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Price: $6.98 --0%

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Gross Profit: 4.57M

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Perceptron, Inc. (NASDAQ: PRCP) reported Q1 EPS of ($0.15), versus ($0.04) reported last year. Revenue for the quarter came in at $11.3 million, versus $12.8 million reported last year.

Harry Rittenour commented, “While our first quarter sales were low, we expect our sales in the next three quarters of fiscal year 2012 to be strong. Projections for our second and third quarter sales are particularly good. Bookings in the early part of our second quarter have also been very good."


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