Perceptron (PRCP) Reports Q1 Loss Per Share of 23c

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Perceptron Announces Record First-Quarter Fiscal 2016 Revenue

November 4, 2015 4:37 PM EST

PLYMOUTH, MI -- (Marketwired) -- 11/04/15 -- Perceptron, Inc. (NASDAQ: PRCP) today announced results for the first quarter of its 2016 fiscal year (quarterly period ended September 30, 2015).

FINANCIAL HIGHLIGHTS (in millions, except per share data) First Quarter Ended September 30 Fiscal 2016 Fiscal 2015 Change ----------- ----------- -------- Revenue $ 15.1 $ 11.2 $ 3.9 Net Loss (2.1) (2.0) (0.1) Diluted Loss per Share $ (0.23) $ (0.22) $ (0.01)

Jeff Armstrong, President and CEO, commented, "First-quarter fiscal 2016 revenue was a record $15.1 million compared to our previous first quarters. The 34.3% increase was primarily driven by coordinate measuring machine (CMM) sales related to our February 2015 Coord3... More