Flir Systems Inc. Reveals 20% Fall In Q3 Profit

(RTTNews) - Flir Systems Inc. (FLIR) reported a profit for third quarter that retreated from last year.

The company said its bottom line came in at $58.63 million, or $0.43 per share. This was down from $73.07 million, or $0.52 per share, in last year's third quarter.

The company said revenue for the quarter rose 6.1% to $405.23 million. This was up from $381.93 million last year.

Flir Systems Inc. earnings at a glance:

-Earnings (Q3): $58.63 Mln. vs. $73.07 Mln. last year. -Earnings Decline (Y-o-Y): -19.8% -EPS (Q3): $0.43 vs. $0.52 last year. -EPS Decline (Y-o-Y): -17.3% -Revenue (Q3): $405.23 Mln vs. $381.93 Mln last year. -Revenue Change (Y-o-Y): 6.1%

-Guidance: Full year EPS guidance: $1.60 - $1.65 Full year revenue guidance: $1.6 - $1.65 Bln