Raymond James downgraded FLIR Systems stock from outperform to “strong buy.”
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 said CFO and senior vice president of finance Tony Trunzo resigned to pursue other professional opportunities.
MIAMI — FLIR Systems hosted industry insiders on an evening cruise Wednesday, the eve of the Miami boat shows, to introduce new marine consumer thermal imaging and sonar technology.
FLIR Systems said today that fourth-quarter revenue was up 9 percent to $434.4 million.
A jury decided favorably for FLIR Systems after Raytheon Corp. filed a lawsuit alleging that FLIR subsidiary Indigo Systems Corp. (now known as FLIR Commercial Systems) misappropriated trade secrets.
FLIR Systems is supporting C-MAP by Jeppesen cartography in the company’s range of Raymarine multifunction displays.
FORT LAUDERDALE — FLIR Systems is introducing three VHF radios at the Fort Lauderdale International Boat Show and will soon come to the market with its own electrical switching control system, marketing director Jim Hands told Active Interest Media journalists during a “Meet the Editors” event Wednesday at the show.
FLIR Systems said third-quarter revenue was $375.4 million, up 5 percent from the same quarter a year earlier. Revenue from the maritime segment was $44.7 million, up 8 percent from last year.
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 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.