FLIR Systems announces solid Q1 and intention to keep Raymarine

> Subscriber-only, By Craig Ritchie2020-05-06T15:04:00

Virginia, US-based FLIR Systems Inc released its 2020 first-quarter results on Wednesday, posting a 1.4% year-over-year revenue increase for the quarter on the strength of high demand for its thermal imaging cameras used in Covid-19 screening. The company also announced its intention to suspend the sale of its Raymarine non-thermal ...

Covid-19 drives demand for thermal cameras and suspension of Raymarine sale in the face of weak M&A climate… The company’s share price has responded strongly today with heavy trading and a 10% price gain to $45.55, which is about 80% of its recent peak price in mid-February of $59.44 before the onset of the pandemic.

To continue reading, please see subscription options below for accessing IBI Premium Content

SUBSCRIBER-ONLY CONTENT

To continue reading, subscribe TODAY!

Gain instant unlimited access to all IBI Plus subscriber content.

TRIAL Subscriptions start from just £4 / €4 / $4 for your first month
Access to global report, insights and news at your fingertips
100% Money back guarantee - Cancel anytime

UNLOCK ARTICLE & KEEP READING – START YOUR TRIAL SUBSCRIPTION

_{No commitment, cancel anytime*}_{Offer ends 31 August 2024}_{* Cancel anytime during first 4 weeks after initial payment and no further payments will be taken.}_{Inclusive of applicable taxes (VAT)}