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FLIR Systems Inc (FLIR.OQ)

FLIR.OQ on NASDAQ Stock Exchange Global Select Market

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Latest Key Developments (Source: Significant Developments)

Flir Systems appoints James Cannon as CEO
8:30am EDT 

May 23 (Reuters) - Flir Systems Inc :Flir Systems announces appointment of James J. Cannon as president and CEO.Flir Systems Inc - Cannon will succeed Andy Teich, whose retirement after 33 years of service was previously announced on February 14, 2017.  Full Article

Flir Systems reports Q4 GAAP earnings per share $0.45
Tuesday, 14 Feb 2017 07:30am EST 

Flir Systems Inc : Flir systems announces fourth quarter and full year 2016 financial results . Q4 adjusted earnings per share $0.52 . Q4 gaap earnings per share $0.45 . Q4 revenue $474.7 million versus I/B/E/S view $452.6 million . Q4 earnings per share view $0.54 -- Thomson Reuters I/B/E/S . Sees FY 2017 adjusted earnings per share $1.81 to $1.91 . Sees FY 2017 revenue $1.78 billion to $1.83 billion . Flir Systems Inc says quarterly dividend increased 25% to $0.15 per share . Flir Systems Inc says approved a new share repurchase program that authorizes repurchase of up to 15 million shares over next two years . FY2017 earnings per share view $1.79, revenue view $1.72 billion -- Thomson Reuters I/B/E/S . Flir Systems Inc says "We are disappointed with this quarter's results from a margin perspective" .Flir Systems Inc says Flir's backlog of firm orders for delivery within next twelve months was approximately $592 million as of December 31, 2016.  Full Article

Flir Systems says CEO Andrew Teich to retire
Tuesday, 14 Feb 2017 07:29am EST 

Flir Systems Inc : Flir Systems announces ceo transition plan . Says CEO and President Andrew C. Teich to retire . Flir Systems Inc says board will conduct a comprehensive search for a new CEO . Flir Systems Inc - Teich will continue to serve in his current roles until a successor is appointed .Flir Systems Inc says Flir has retained Korn Ferry International, a leading executive search firm, to assist in new CEO search process.  Full Article

Flir Systems reports Q2 earnings per share $0.33
Wednesday, 27 Jul 2016 07:00am EDT 

Flir Systems Inc : Declared a quarterly cash dividend of $0.12 per share on FlIR common stock, payable september 2, 2016 . Expect product mix to return to normal levels in second half of year . FlIR systems announces second quarter 2016 financial results . Q2 earnings per share $0.33 . Q2 revenue $402.7 million versus I/B/E/S view $403.1 million . Q2 earnings per share view $0.35 -- Thomson Reuters I/B/E/S . Sees FY 2016 adjusted earnings per share $1.60 to $1.65 . Q2 adjusted earnings per share $0.34 excluding items . FY2016 earnings per share view $1.62, revenue view $1.64 billion -- Thomson Reuters I/B/E/S .Initiated a plan to reduce our costs which we expect to improve our overall profitability in second half.  Full Article

FLIR Systems acquires Armasight for $41 million
Tuesday, 28 Jun 2016 07:23pm EDT 

Flir Systems Inc ; : FLIR Systems acquires Armasight, Inc. For $41 million . Acquisition will combine FLIR's existing lines of personal vision systems,thermal weapon sights with Armasight's products .FLIR anticipates this transaction will be neutral to 2016 net earnings and accretive thereafter.  Full Article

Flir Systems enters unsecured $500 mln five-year revolving credit agreement
Tuesday, 31 May 2016 08:50am EDT 

Flir Systems Inc : Entered into an unsecured $500 million five-year revolving credit agreement - sec filing . Terminated its existing $200 million five-year revolving credit facility and $150 million term loan facility .Made initial borrowing of $105 million in revolving loans, repaid all outstanding amounts, including term loans of $105.0 million.  Full Article

FLIR Systems Inc gives FY 2016 guidance
Thursday, 11 Feb 2016 07:30am EST 

FLIR Systems Inc:Expects revenue in FY 2016 to be in the range of $1.6 billion to $1.65 billion and net earnings to be in the range of $1.60 to $1.70 per diluted share.  Full Article

FLIR Systems Inc raises quarterly cash dividend 9 percent
Thursday, 11 Feb 2016 07:30am EST 

FLIR Systems Inc:Increases quarterly cash dividend by 9 percent to $0.12 per share.  Full Article

FLIR Systems, Inc acquires dvtel for $92 mln
Monday, 30 Nov 2015 05:58pm EST 

FLIR Systems, Inc:Acquires DVTEL, Inc for $92 million.Says anticipates this transaction will be neutral to 2015 net earnings and accretive thereafter.  Full Article

FLIR Systems Inc gives FY 2015 guidance
Wednesday, 28 Oct 2015 07:30am EDT 

FLIR Systems Inc:Expects revenue for FY 2015 to be in the range of $1.52 billion to $1.57 billion and net earnings, excluding restructuring charges and the third quarter discrete tax benefit described above, to be in the range of $1.55 to $1.60 per diluted share.  Full Article

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BRIEF-Flir Systems appoints James Cannon as CEO

* Flir Systems announces appointment of James J. Cannon as president and CEO