FLIR

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 reports 4Q, year-end results

FLIR Systems, the parent company of Raymarine, today announced a drop in revenue for the fourth quarter, but an increase in revenue for the full fiscal year. Revenue for the quarter, which ended Dec. 31, was $405.2 million, down 7 percent, compared with fourth-quarter 2010 revenue of $437.5 million. Operating income in the fourth quarter…more

FLIR division moves to New Hampshire

Extech Instruments recently relocated its headquarters to a new facility in Nashua, N.H., along with the Billerica, Mass., operations of its parent company FLIR Systems’ Commercial Systems division. In the coming months the Nashua location will house the Eastern U.S. operations for FLIR’s Commercial Systems division, as well as Raymarine, FLIR’s marine systems division. The…more

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VIDEO: FLIR unveils handheld marine scope

At the Fort Lauderdale International Boat Show, FLIR Systems introduced its First Mate MS (marine scope), a product that company president Andrew C. Teich said shows how FLIR is trying to lower the cost of thermal imaging to the level of the everyday boater. “The handheld unit is small, light and marinized,” Teich said. “And…more

FLIR Systems reports 3Q results

FLIR Systems, the parent company of Raymarine, announced an increase in revenue and net income for the third quarter. Revenue was $371.3 million, up 12 percent from third-quarter 2010 revenue of $332.5 million. Operating income for the quarter that ended Sept. 30 was $85.4 million, compared with $85.8 million in the third quarter of 2010,…more

FLIR Systems reports 2Q results

FLIR Systems, the parent company of Raymarine, reported an 18 percent increase in second-quarter revenue, but a drop in net income. Revenue was $390 million for the quarter that ended June 30, compared with $331.1 million in the second quarter a year earlier. Net income for the second quarter this year was $29.3 million, or…more

FLIR announces preliminary 2Q revenue, expects profit

FLIR Systems, the parent company of Raymarine, today announced preliminary revenue of about $390 million for the second quarter of fiscal 2011. FLIR also said it expected to post earnings per share of about 18 cents for the three months that ended June 30. Excluding the net after-tax effect of a previously announced litigation settlement…more

FLIR Systems reports 1Q results

FLIR Systems, the parent company of Raymarine, today announced a 30 percent increase in revenue for the first quarter. Revenue was $373.5 million for the quarter that ended March 31, compared with first-quarter 2010 revenue of $287.3 million. Operating income in the first quarter was $76.6 million, compared with $84.3 million in the first quarter…more

FLIR Systems reports 4Q, year-end results

FLIR Systems, the parent company of Raymarine, reported a 39 percent jump in fourth-quarter revenue and a 21 percent increase in revenue for the full year. Revenue for the quarter that ended Dec. 31 was $434.4 million, compared with fourth-quarter 2009 revenue of $311.6 million. Operating income in the fourth quarter was $100.6 million, up…more

FLIR Systems reports 2Q results

FLIR Systems today reported a 19 percent increase in revenue for the second quarter ending June 30. It was the company’s first earnings report since it acquired Raymarine. Revenue was $331.1 million, compared to second quarter 2009 revenue of $278 million. Excluding the impact of the Raymarine acquisition, second-quarter revenue was $303.9 million, an increase…more

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An infrared vision led to Raymarine deal

FLIR says the acquisition could lead to much greater marine use of its thermal imaging technology The genesis of FLIR Systems’ purchase of Raymarine can be traced to a foggy night about seven or eight years ago, according to FLIR president and CEO Earl Lewis. Lewis was boating with his son when he realized it…more

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