FLIR Systems (FLIR) Misses Q2 EPS by 1c

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FLIR Systems Announces Second Quarter 2015 Financial Results

July 24, 2015 7:30 AM EDT

WILSONVILLE, OR -- (Marketwired) -- 07/24/15 -- FLIR Systems, Inc. (NASDAQ: FLIR) today announced financial results for the second quarter ended June 30, 2015. Revenue was $393 million, up 6% compared to second quarter 2014 revenue of $369.4 million. On a constant-currency basis, revenue for the second quarter was up 12% compared to the prior year, as foreign currency exchange fluctuations negatively impacted revenue by approximately $20 million. Operating income in the second quarter was $70.5 million, compared to $59.4 million in the second quarter of 2014. Operating income was impacted by pretax charges related to previously-announced restructuring initiatives of $0.5 million in the second quarter of... More