Perceptron (PRCP) Tops Q1 EPS by 23c

Perceptron (NASDAQ: PRCP) reported Q1 EPS of $0.16, $0.23 better than the analyst estimate of ($0.07). Revenue for the quarter came in at $19.3 million versus the consensus estimate of $17.5 million.

“Looking ahead to our second quarter of fiscal year 2018, we expect revenue in the range of $20.0 million to $23.0 million, as well as mid-single digit growth in our top line results for the full year fiscal 2018. Our longer-term aspirations are for sustained high-single digit revenue growth and resulting double-digit earnings growth,” Watza concluded.

For earnings history and earnings-related data on Perceptron (PRCP) click here.

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