Fuel Systems Solutions (FSYS) Reports Q1 Loss of $0.36/Share

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 10/30/2026

1. INTC
2. AMZN
3. PINS
4. COIN
5. RDDT
6. FSLR
7. SYK
8. MA
9. FND
10. GILD

Go back to Fuel Systems Solutions (FSYS) Reports Q1 Loss of $0.36/Share

Fuel Systems Solutions Reports First Quarter 2016 Results

May 9, 2016 6:30 AM EDT

NEW YORK, May 09, 2016 (GLOBE NEWSWIRE) -- Fuel Systems Solutions, Inc. (Nasdaq: FSYS) reported results for its first quarter ended March 31, 2016. 

Highlights

Revenue of $56.1 million compared to $63.3 million for Q1 2015; revenue down 5.9% or $3.8 million, excluding foreign exchange impactGross profit margin of 26.1% compared to 22.9% in Q1 2015Adjusted EBITDA of $1.1 million compared to Adjusted EBITDA of $1.9 million for Q1 2015

Mariano Costamagna, Fuel Systems Solutions, Inc. (Fuel Systems or FSS) CEO, said, Our first quarter results reflect continued pressures in the Automotive segment, the success of... More