FLIR Systems (FLIR) Tops Q2 EPS by 12c

FLIR Systems (NASDAQ: FLIR) reported Q2 EPS of $0.64, $0.12 better than the analyst estimate of $0.52. Revenue for the quarter came in at $482 million versus the consensus estimate of $473.08 million.

Financial Outlook

The COVID-19 pandemic has generated significant uncertainty, including an overall lack of visibility into future demand trends and economic conditions in the markets in which FLIR operates. The Company is continuing to closely monitor the impact of the pandemic on its operational and financial performance and take action as necessary; however, the magnitude and duration of the outbreak including its impact to FLIR’s operations, supply chain partners and customers remains uncertain. As a result, the Company has withdrawn its previously issued guidance for the full year ending December 31, 2020.

For earnings history and earnings-related data on FLIR Systems (FLIR) click here.

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