FLIR Systems Announces Second Quarter 2018 Financial Results

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FLIR Systems, Inc. (FLIR) PT Raised to $65 at SunTrust Robinson Humphrey

July 25, 2018 12:51 PM EDT

SunTrust Robinson Humphrey raised its price target on FLIR Systems, Inc. (NASDAQ: FLIR) to $65.00 (from $60.00) while maintaining a Buy rating following results.

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FLIR Systems (FLIR) Tops Q2 EPS by 6c, Revenues Beat; Boosts FY18 EPS/Revenue Outlook

July 25, 2018 7:31 AM EDT

FLIR Systems (NASDAQ: FLIR) reported Q2 EPS of $0.55, $0.06 better than the analyst estimate of $0.49. Revenue for the quarter came in at $452.7 million versus the consensus estimate of $428.03 million.

Second Quarter Revenue Growth of 4% Over Prior Year; Organic Revenue Growth of 11% Over Prior YearGAAP EPS of $0.51; Adjusted EPS of $0.55, Up 31% Over Prior YearOperating Margin Improved 430 Basis Points Over Prior Year; Adjusted Operating Margin Improved 390 Basis Points Over Prior... More