FLIR Systems Announces Third Quarter 2015 Financial Results

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Needham & Company Cuts Price Target on FLIR Systems (FLIR) Following 3Q Miss

October 29, 2015 9:15 AM EDT

Needham & Company maintained a Buy rating on FLIR Systems, Inc. (NASDAQ: FLIR), and cut the price target to $34.00 (from $38.00), following the company's 3Q earnings report. Revenues increased 2% y/o/y to $382M, below consensus $389M. EPS, excluding a tax benefit, came in at $0.40, $0.02 below consensus. Mgmt trimmed guidance for full-year revenues and... More

FLIR Systems (FLIR) Misses Q3 EPS by 1c

October 28, 2015 7:35 AM EDT

FLIR Systems (NASDAQ: FLIR) reported Q3 EPS of $0.40, $0.01 worse than the analyst estimate of $0.41. Revenue for the quarter came in at $381.9 million versus the consensus estimate of $389.86 million.

FLIR Systems sees FY2015 EPS of $1.55-$1.60, versus the consensus of $1.64. FLIR Systems sees FY2015... More