FEI Co (FEIC) Sell Recommendation Reiterated at Off Wall Street
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FEI Reports Third Quarter 2015 Results
October 27, 2015 4:07 PM EDTHILLSBORO, Ore., Oct. 27, 2015 (GLOBE NEWSWIRE) -- FEI Company (NASDAQ: FEIC) today reported results for the third quarter of 2015. Third quarter revenue of $213 million was down 6.7% compared to $228 million for third quarter of 2014. Movements in foreign exchange rates negatively impacted revenue for the third quarter of 2015 by approximately $10 million, as compared with third quarter of 2014 rates. Excluding the impact of foreign exchange movements, third quarter organic revenue was down 2.4% compared with the third quarter of 2014.
Diluted earnings per share were $0.25, compared with $0.51 in the third quarter of 2014. Net... More
