Perceptron Announces Fiscal 2019 Second Quarter and Six Month Results
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Perceptron (PRCP) Tops Q2 EPS by 10c, Revenues Beat; Q3 Revenue Guidance Below Consensus and 'Tempers Guidance for FY19 Revenue Growth'
February 11, 2019 4:25 PM ESTPerceptron (NASDAQ: PRCP) reported Q2 EPS of $0.16, $0.10 better than the analyst estimate of $0.06. Revenue for the quarter came in at $21.6 million versus the consensus estimate of $19.51 million.
Second quarter fiscal 2019 results compared to second quarter fiscal 2018:
Second quarter consolidated net sales were $21.6 million, an increase of 5.9% compared to the second quarter in fiscal year 2018Consolidated gross profit was $7.9 million, an increase of 6.8% compared to the prior year period, while gross margin was 36.6%Second quarter reported operating income totaled $1.4 million and recurring operating income totaled $0.8 million as we... More