FLIR Systems saw revenue decline 5 percent to $369.4 million and operating income drop to $59.4 million from $70.3 million in the second quarter.
FLIR Systems Inc. is an Oregon-based maker of thermal imagers, thermal imager components and larger systems containing thermal imagers, along with other sensors, for commercial and military applications.
FLIR Systems saw first-quarter revenue rise 1 percent to $350.5 million from $348.6 million in 2013. Revenue from the maritime segment was $52.6 million and was up 4 percent from the year-earlier quarter.
MIAMI — Thermal imaging specialist FLIR Systems hosted a media event Wednesday night at Miami’s Bayside Marina that was designed to highlight the way the technology manufacturer is furthering its corporate mantra: “Infrared Everywhere.”
FLIR Systems said revenue was up 4 percent to $400.3 million in the fourth quarter, compared with $386.4 million in 2012, with revenue from the Raymarine segment up 10 percent at $36.1 million.
FLIR Systems said government systems president William Sundermeier resigned to pursue other business opportunities.
FLIR Systems said third-quarter revenue increased 8 percent, with the Raymarine segment up 13 percent from the prior year, but the company said a softening in its government sector is causing it to lower its outlook. Revenue was $358.1 million, up 8 percent from third-quarter 2012 revenue of $332.2 million. The Raymarine segment contributed $35.8…more
FLIR Systems, citing weakness in markets that depend on the U.S. government and predicting “ongoing uncertainty,” will close six sites in the United States and Europe and transfer those operations to larger facilities. The parent company of Raymarine also announced plans to consolidate its optics and laser manufacturing businesses. Preliminary third-quarter results were negatively affected…more
The Navy awarded Oregon-based FLIR Systems a $136.6 million open-ended contract to provide equipment and services for its helicopter and unmanned aerial vehicle programs. The Navy told The Oregonian that the fixed-price, indefinite-delivery, indefinite-quantity arrangement is a sole-source deal and was awarded to FLIR because it was the “only one responsible source and no other…more
Thermal imaging manufacturer FLIR Systems said Monday that it acquired certain assets of DigitalOptics Corp.’s micro-optics business for $14.9 million. DigitalOptics designs and makes imaging systems for smartphones. FLIR purchased the company from Tessera Technologies, which has owned it since 2005. Included in the purchase are fabrication equipment and more than 200 patents and pending…more
FLIR Systems said today that revenue rose 15 percent in the second quarter, to $389.3 million, from the comparable 2012 quarter and the company’s Raymarine segment contributed revenue of $46.9 million, down 1 percent from the prior year. Operating income increased by 16 percent to $70.3 million for the quarter that ended June 30 and…more