FLIR announces preliminary 2Q revenue, expects profit

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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 and related expenses, earnings per share for the three months that ended June 30 is expected to be about 35 cents.

FLIR will release full results for the second quarter on July 22 about 7:30 a.m. (EDT). Management has scheduled a conference call at 8 a.m. (EDT) that day to discuss the results.

A simultaneous webcast of the conference call may be accessed online from the “Upcoming Events” link at the Investor Relations page.


Maine Boatbuilders Show opens tomorrow

In its second year in a new location, the Maine Boatbuilders Show opens tomorrow at 10 a.m. at the Portland Sports Complex. Sail and powerboats, plus engines and accessories will all be on display.