On America's Most Wanted Nov. 1 the FLIR Systems that is used by
police helicopters at night was featured. FLIR Systems was mentioned
by name a couple times. A bit of publicity can't hurt.
Earnings were pretty much in line with expectations:
PORTLAND, Ore., Oct. 30 (Reuter) -
FLIR SYSTEMS INC.
CONSOLIDATED STATEMENT OF OPERATIONS (unaudited)
(in thousands)
Three Months Ended
Sept. 30,
1997 1996
Revenues:
Government $12,946 $11,913
Commercial 10,969 6,025
Total revenues 23,915 17,938
Cost of goods sold 11,130 8,312
Research and development 3,187 2,272
Selling and other operating costs 5,930 4,390
20,247 14,974
Earnings from operations 3,668 2,964
Interest income (32) (8)
Interest expense and other 533 259
Earnings before income taxes 3,167 2,713
Provision for income taxes 730 592
Net earnings 2,437 2,121
Net earnings per share 0.41 0.38
Weighted average shares outstanding 5,980 5,620
Nine Months Ended
Sept. 30,
1997 1996
Revenues:
Government $32,325 $28,383
Commercial 27,350 15,920
Total revenues 59,675 44,303
Cost of goods sold 27,654 20,942
Research and development 8,532 6,555
Selling and other operating costs 16,889 12,165
53,075 39,662
Earnings from operations 6,600 4,641
Interest income (52) (37)
Interest expense and other 1,405 484
Earnings before income taxes 5,247 4,194
Provision for income taxes 1,269 911
Net earnings 3,978 3,283
Net earnings per share 0.68 0.59
Weighted average shares outstanding 5,856 5,579
REUTERS
Rtr 16:17 10-30-97
Copyright 1997, Reuters News Service |
