Perceptron (PRCP) Misses Q1 EPS by 18c
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November 7, 2016 4:10 PM EST
PLYMOUTH, Mich., Nov. 07, 2016 (GLOBE NEWSWIRE) -- Perceptron, Inc. (NASDAQ: PRCP) today announced results for the first quarter of its 2017 fiscal year (quarterly period ended September 30, 2016). The Company announced revenue of $17.5 million and bookings of $21.8 million. The reported net loss in the quarter of $2.4 million and net loss per share of $0.25 included a non-cash charge of $0.5 million, or $0.05 per share, for a full valuation allowance on its Deferred Tax Assets (DTA) at its Japanese and Singapore operations as a result of recent losses in those operations. Adjusted for the impact... More
November 7, 2016 11:30 AM EST
PLYMOUTH, Mich., Nov. 07, 2016 (GLOBE NEWSWIRE) -- Perceptron, Inc. (NASDAQ: PRCP), a leading global provider of 3D automated metrology solutions and coordinate measuring machines, announced that a leading North American automotive manufacturer has selected Perceptron for their upcoming large vehicle program.
The project involves four manufacturing plants with each plant receiving over fifteen stations. The stations will be positioned throughout the manufacturing process to measure the critical vehicle subassemblies such as doors, hoods, underbodies, side frames, as well as the completed body.
Perceptrons dimensional gauging solutions provide a real-time view of the... More
