FEI Co (FEIC) Misses Q1 EPS by 3c, Offers Q2 & FY Guidance
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FEI Reports First Quarter 2016 Results
May 4, 2016 4:10 PM EDTHILLSBORO, Ore., May 04, 2016 (GLOBE NEWSWIRE) -- FEI Company (NASDAQ: FEIC) today reported results for the first quarter of 2016. First quarter revenue of $229 million was up 3.5% compared with $221 million for the first quarter of 2015. First quarter organic revenue was down 1.8% compared with the first quarter of 2015. The companys backlog of orders at the end of the first quarter of 2016 was a record $656 million compared with $510 million at the end of the first quarter of 2015, and $591 million at the end of the fourth quarter of 2015. Bookings for the first quarter of 2016 were $272 million, resulting... More
