FLIR Systems (FLIR) Misses Q3 EPS by 1c

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FLIR Systems Announces Third Quarter 2015 Financial Results

October 28, 2015 7:30 AM EDT

WILSONVILLE, OR -- (Marketwired) -- 10/28/15 -- FLIR Systems, Inc. (NASDAQ: FLIR) today announced financial results for the third quarter ended September 30, 2015. Revenue was $381.9 million, up 2% compared to third quarter 2014 revenue of $375.4 million. On a constant-currency basis, revenue for the third quarter was up 6% compared to the prior year, as foreign currency exchange fluctuations negatively impacted revenue by approximately $14 million. Operating income in the third quarter was $76 million, compared to $70 million in the third quarter of 2014. Operating income was impacted by pretax charges related to previously-announced restructuring initiatives of $0.3 million in the third quarter of... More