FLIR Systems reported higher fourth-quarter revenue, but profits were lower than in the quarter last year.
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.
Raymarine, a division of FLIR Systems, announced three additions to its roster of Bassmaster Elite Series Pro-Ambassadors for the 2016 season.
FLIR Systems launched two new products last week at the New York Boat Show — the Raymarine Quantum Wireless CHIRP radar and the Raymarine Dragonfly 7 Pro.
FLIR Systems reported a 2 percent increase in third-quarter revenue to $381.9 million and said revenue was up 6 percent on a constant-currency basis as the strong dollar negatively affected revenue by about $14 million.
FLIR Systems said today that Amit Singhi joined the company as senior vice president of finance and chief financial officer, replacing interim CFO Dave Muessle.
Raymond James downgraded FLIR Systems stock from outperform to “strong buy.”
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.