Perceptron (PRCP) Misses Q4 EPS by 7c

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Go back to Perceptron (PRCP) Misses Q4 EPS by 7c

Perceptron Reports Record Sales and 25% Sales Growth; Reports Fourth-Quarter and Fiscal Year 2015 Results

August 26, 2015 4:34 PM EDT

PLYMOUTH, MI -- (Marketwired) -- 08/26/15 -- Perceptron, Inc. (NASDAQ: PRCP) today announced results for the fourth quarter and 2015 fiscal year ended June 30, 2015.

Perceptron's fiscal year 2015 sales of $74.4 million were up 25% from $59.6 million in fiscal year 2014, exceeding the Company's full-year guidance, and marking a new record high. Organic sales were up 15% in fiscal 2015 and would have been $3.4 million or 6% higher if foreign currency exchange rates had remained constant year over year.

FINANCIAL HIGHLIGHTS (in millions, except per share data) Fourth Quarter ended June 30 Full Year ended June 30 Fiscal Fiscal Fiscal Fiscal 2015 2014 Change 2015 2014 Change ------- ------- ------- ------- -------... More