Perceptron (PRCP) Misses Q3 EPS by 4c

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Perceptron Announces Third Quarter Fiscal 2017 Results

May 8, 2017 4:15 PM EDT

PLYMOUTH, Mich., May 08, 2017 (GLOBE NEWSWIRE) -- Perceptron, Inc. (NASDAQ: PRCP) today announced results for the third quarter of its 2017 fiscal year (quarterly period ended March 31, 2017). The Company announced revenue of $16.3 million, record third quarter bookings of $23.2 million, backlog of $48.6 million, net loss of $0.6 million and net loss per diluted share of $0.06 for the third quarter of fiscal 2017.  For the first nine months of fiscal 2017, the Company announced revenue of $55.6 million and bookings of $65.9 million, which represent increases of 10.3% and 37.0% over the same period in fiscal 2016.  The Company... More