WILSONVILLE (dpa-AFX) - Flir Systems Inc. (FLIR) revealed earnings for its first quarter that advanced from last year.
The company's profit totaled $38.8 million, or $0.29 per share. This compares with $15.42 million, or $0.11 per share, in last year's first quarter.
Excluding items, Flir Systems Inc. reported adjusted earnings of $64.89 million or $0.49 per share for the period.
Analysts had expected the company to earn $0.52 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter rose 3.6% to $467.31 million from $450.92 million last year.
Flir Systems Inc. earnings at a glance:
-Earnings (Q1): $64.89 Mln. vs. $56.87 Mln. last year. -EPS (Q1): $0.49 vs. $0.42 last year. -Analysts Estimate: $0.52 -Revenue (Q1): $467.31 Mln vs. $450.92 Mln last year.
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