Perceptron (PRCP) Posts Surprise Q2 Loss
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Perceptron Announces Second-Quarter Fiscal 2016 Results
February 8, 2016 4:40 PM ESTPLYMOUTH, MI -- (Marketwired) -- 02/08/16 -- Perceptron, Inc. (NASDAQ: PRCP) today announced results for the second quarter of its 2016 fiscal year (quarterly period ended December 31, 2015).
FINANCIAL HIGHLIGHTS (in millions, except per share data) Second Quarter Ended Six Months Ended December December 31 31 Fiscal Fiscal Fiscal Fiscal 2016 2015 Change 2016 2015 Change -------- -------- ------- -------- -------- ------- Revenue $ 17.2 $ 23.6 $ (6.4) $ 32.3 $ 34.8 $ (2.5) Net Income (Loss) (1.5) 2.8 (4.3) (3.7) 0.7 (4.4) Diluted Earnings (Loss) per Share ("EPS") $ (0.17) $ 0.30 $ (0.47) $ (0.39) $ 0.08 $ (0.47)
W. Richard Marz, Chairman of the Board, President and CEO, commented, "While we saw continued overall strong bookings and backlog as... More
