FLIR Systems, Inc. designs, develops, manufactures, and markets thermal imaging, visible-light imaging systems, locater systems, measurement and diagnostic systems, and threat-detection solutions worldwide. The company operates in six segments: Surveillance, Instruments, OEM and Emerging Markets, Maritime, Security, and Detection. The Surveillance segment provides enhanced imaging and recognition solutions for various military, law enforcement, public safety, and other government customers for the protection of borders, troops, and public welfare. This segment also develops hand-held and weapon-mounted thermal imaging systems for use by consumers. The Instruments segment offer devices that image, measure, and assess thermal energy, gases, and other environmental elements for industrial, commercial, and scientific applications. The Security segment develops and manufactures cameras and video recording systems for use in commercial, critical infrastructure, and home monitoring applications. The OEM and Emerging Markets segment provides thermal imaging camera cores and components that are utilized by third parties to create thermal and other types of imaging systems. The segment also develops and manufactures intelligent traffic systems; imaging solutions for the smartphone and mobile devices market; and thermal imaging solutions for commercial-use unmanned aerial systems. The Maritime segment develops and manufactures electronics and imaging instruments for the recreational and commercial maritime market. The Detection segment offers sensors, instruments, and integrated platform solutions for the detection, identification, and suppression of chemical, biological, radiological, nuclear, and explosives threats for military force protection, homeland security, and commercial applications. The company markets its products to commercial and government customers. FLIR Systems, Inc. was founded in 1978 and is headquartered in Wilsonville, Oregon.
Flir Systems misses 3Q profit forecasts WILSONVILLE, Ore. (AP) _ Flir Systems Inc. (FLIR) on Wednesday reported third-quarter profit of $58.6 million. The Wilsonville, Oregon-based company said it had profit of 43 cents per share. The results missed Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 44 cents per share. The imaging and surveillance systems company posted revenue of $405.2 million in the period, beating Street forecasts. Five analysts surveyed by Zacks expected $401.9 million. Flir Systems expects full-year earnings in the range of $1.60 to $1.65 per share, with revenue in the range of $1.6 billion to $1.65 billion. Flir Systems shares have risen almost 5 percent since the beginning of the year, while the Standard & Poor's 500 index has climbed nearly 5 percent. The stock has climbed 7 percent in the last 12 months.
