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Flir Systems, Inc. (NASDAQ:FLIR)

WEB NEWS

Sunday, August 23, 2009

Comments & Business Outlook

Based on its financial results for the first half of 2009, and the outlook for the remainder of the year, FLIR announced today that it is revising its outlook for revenue and earnings per share for the full year 2009 downward. In the first half of 2009, the effect of currency rates reduced revenue by approximately $33 million, and such effects are expected to continue in the second half.

FULL YEAR 2009 Guidance Ending December ^a

	Full Year 2009 Guidance	Full Year 2008 Reported	Period Change
GAAP Revenue	$1.10 to $1.15 billion	$ 1.08 billion	1.9% to 6.5%
GAAP EPS ^b	$1.40 to $1.44	$ 1.28	9.3% to 12.5%

Source: See Release, July 23, 2009

^a The above forecasts reflect the Company's current and preliminary views and are therefore subject to change. Please refer to the Company's Safe Harbor Statement (usually in press releases) for the factors that could cause actual results to differ materially from those contained in any forward-looking statement.

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Monday, June 29, 2009

Comments & Business Outlook

"We are very pleased with our performance in the first quarter. We recorded solid revenue growth, excellent earnings growth, and the highest gross margin and operating margin in the Company's history," noted Earl Lewis, President and CEO. "We achieved this performance through solid execution in a difficult economy, as all three divisions improved gross margins and operating margins compared with the prior year. Economic conditions and government order activity in the second quarter will be important factors in our performance for the remainder of 2009 and into 2010. As a result, we are reaffirming our revenue and earnings per share outlook for the year."

Source: Marketwire (May 1, 2009)

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Sunday, February 8, 2009

Comments & Business Outlook

Guidance Report:

Full Year Fiscal 2009 Guidance Ending December

	2009 Guidance	2008 Reported	Period Change
Revenue	$1.2 to $1.25 billion	$ 1.08	11.11% to 15.74%
EPS	of $1.40 to $1.47	$ 1.28	9.34% to 4.84%

This guidance assumes slower revenue growth in the Thermography division than originally expected as a result of continued economic weakness, and assumes a tax rate for the year of 32% to 34%, and an average diluted share count of approximately 164 million shares.

The backlog of firm orders for delivery within the next twelve months was approximately $663 million at December 31, 2008, an increase of $13 million during the quarter, and an increase of $270 million, or 69% compared with backlog at December 31, 2007.

Source: Marketwire (February 5, 2009)

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