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 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

FLIR tests its thermal imaging on oil in water

FLIR Systems announced that recent tests to determine how well its thermal imaging cameras could see oil on water produced outstanding results. In the critical days of what has become a national emergency, FLIR’s M-Series and First Mate maritime imagers are proving their worth in the Gulf Coast providing valuable aid and assistance to oil…more

FLIR to keep Raymarine employees, facilities

The more than 400 employees of Raymarine Group have been transferred to FLIR Systems as part of the sale announced Friday and FLIR has no intention of closing the Raymarine facilities. FLIR purchased Raymarine for approximately $180 million, which includes repayment of all of Raymarine’s indebtedness and approximately $24 million in proceeds to Raymarine plc.…more

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