Flir Systems Inc. Earnings Rise 10% In Q1

(RTTNews) - Flir Systems Inc. (FLIR) revealed a profit for its first quarter that rose from last year.

The company said its bottom line totaled $49.58 million, or $0.36 per share. This was higher than $45.01 million, or $0.32 per share, in last year's first quarter.

Analysts had expected the company to earn $0.36 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 7.2% to $406.81 million. This was up from $379.47 million last year.

Flir Systems Inc. earnings at a glance:

-Earnings (Q1): $49.58 Mln. vs. $45.01 Mln. last year. -Earnings Growth (Y-o-Y): 10.2% -EPS (Q1): $0.36 vs. $0.32 last year. -EPS Growth (Y-o-Y): 12.5% -Analysts Estimate: $0.36 -Revenue (Q1): $406.81 Mln vs. $379.47 Mln last year. -Revenue Change (Y-o-Y): 7.2%

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