FLIR Systems (FLIR) Misses Q4 EPS by 1c

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FLIR Systems Announces Fourth Quarter and Full Year 2015 Financial Results

February 11, 2016 7:30 AM EST

WILSONVILLE, OR -- (Marketwired) -- 02/11/16 -- FLIR Systems, Inc. (NASDAQ: FLIR) today announced financial results for the fourth quarter and full year ended December 31, 2015. Fourth quarter 2015 revenue was $437.6 million, up 1% compared to fourth quarter 2014 revenue of $434.4 million. On a constant currency basis, fourth quarter 2015 revenue was up 3% versus the prior year. Operating income in the fourth quarter was $93.5 million, compared to $87.4 million in the fourth quarter of 2014. Operating income was impacted by pretax charges related to previously-announced restructuring initiatives of $0.3 million in the fourth quarter of 2015 and $1.0 million in the fourth quarter of 2014.

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