GSI Group (GSIG) Tops Q3 EPS by 4c

GSI Group (NASDAQ: GSIG) reported Q3 EPS of $0.23, $0.04 better than the analyst estimate of $0.19. Revenue for the quarter came in at $95 million versus the consensus estimate of $95.6 million.

"I am very pleased with the strong execution we saw across GSI during the third quarter. We made significant progress with Lean Manufacturing and our other productivity programs, which enabled us to deliver strong profitability and cash flow in the quarter," said John Roush, Chief Executive Officer. "Many of our core applications and technologies continue to see solid demand, despite a challenging capital spending environment in both medical and industrial end markets."

For earnings history and earnings-related data on GSI Group (GSIG) click here.

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