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Flir Posts Strong Q1

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PORTLAND, Ore., May 1, 2009 – A 43 percent sales surge in its Government Systems Div. helped drive a strong first quarter for Flir Systems Inc. Revenue for the quarter was up 15 percent, and earnings per share increased by 46 percent, the thermal imaging and infrared camera maker announced Friday. Flir said net income for the quarter was $54.3 million, or 35 cents a share, compared with net income of $36.5 million, or 24 cents a share, one year ago. Its revenue for the quarter, which ended March 31, was $272 million, a 15 percent increase over 2008’s first-quarter revenue of $237 million. Flir’s Government...Read full article

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    Published: May 2009
    Glossary
    infrared
    Infrared (IR) refers to the region of the electromagnetic spectrum with wavelengths longer than those of visible light, but shorter than those of microwaves. The infrared spectrum spans wavelengths roughly between 700 nanometers (nm) and 1 millimeter (mm). It is divided into three main subcategories: Near-infrared (NIR): Wavelengths from approximately 700 nm to 1.4 micrometers (µm). Near-infrared light is often used in telecommunications, as well as in various imaging and sensing...
    photonics
    The technology of generating and harnessing light and other forms of radiant energy whose quantum unit is the photon. The science includes light emission, transmission, deflection, amplification and detection by optical components and instruments, lasers and other light sources, fiber optics, electro-optical instrumentation, related hardware and electronics, and sophisticated systems. The range of applications of photonics extends from energy generation to detection to communications and...
    thermal imaging
    Thermal imaging is a technology that detects infrared radiation (heat) emitted by objects and converts it into an image, known as a thermogram, which displays temperature variations in different colors. Unlike visible light imaging, thermal imaging does not require any ambient light and can be used in complete darkness or through obstructions such as smoke, fog, and certain materials. Thermal cameras use sensors to detect infrared radiation and generate images based on the temperature...
    activitycamerasCommercial Vision SystemsdefenseEarl LewisEmploymentFlirgovernmentgrowthincomeinfrarednetNews & Featuresorderoutlookphotonicsprofitquarterrevenuesecuritysurveillancethermal imaging

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