Flir Systems Inc. Announces 14% Advance In Q2 Earnings

(RTTNews) - Flir Systems Inc. (FLIR) reported a profit for its second quarter that gained ground from last year.

The company said its bottom line totaled $58.43 million, or $0.42 per share. This was up from $51.31 million, or $0.37 per share, in last year's second quarter.

The company said revenue for the quarter rose 7.8% to $434.12 million. This was up from $402.73 million last year.

Flir Systems Inc. earnings at a glance:

-Earnings (Q2): $58.43 Mln. vs. $51.31 Mln. last year. -Earnings Growth (Y-o-Y): 13.9% -EPS (Q2): $0.42 vs. $0.37 last year. -EPS Growth (Y-o-Y): 13.5% -Revenue (Q2): $434.12 Mln vs. $402.73 Mln last year. -Revenue Change (Y-o-Y): 7.8%

-Guidance: Full year EPS guidance: $1.81 - $1.91 Full year revenue guidance: $1.775 - $1.825 Bln