FLIR Systems (FLIR) Misses Q4 EPS by 6c; Guides FY17 Above the Street
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FLIR Systems Announces Fourth Quarter and Full Year 2016 Financial Results
February 14, 2017 7:30 AM ESTWILSONVILLE, OR -- (Marketwired) -- 02/14/17 -- FLIR Systems, Inc. (NASDAQ: FLIR) today announced financial results for the fourth quarter and full year ended December 31, 2016.
Fourth quarter 2016 revenue was $474.7 million, up 8% compared to fourth quarter 2015 revenue of $437.6 million. GAAP operating income in the fourth quarter was $92.3 million, compared to $93.5 million in the fourth quarter of 2015. Fourth quarter 2016 GAAP net income was $61.5 million, or $0.45 per diluted share, compared with GAAP net income of $70.2 million, or $0.51 per diluted share in the fourth quarter a year ago. Cash provided by operations in the fourth quarter reached $97.1 million,... More
