FEI Company (FEIC) announced a profit for second quarter that declined from last year.
The company said its profit came in at $24.94 million, or $0.60 per share. This was down from $37.33 million, or $0.89 per share, in last year's second quarter.
Analysts had expected the company to earn $0.86 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company said revenue for the quarter rose 15.7% to $259.37 million. This was up from $224.19 million last year.
FEI Company earnings at a glance:
-Earnings (Q2): $24.94 Mln. vs. $37.33 Mln. last year.
-Earnings Decline (Y-o-Y): -33.2%
-EPS (Q2): $0.60 vs. $0.89 last year.
-EPS Decline (Y-o-Y): -32.6%
-Analysts Estimate: $0.86
-Revenue (Q2): $259.37 Mln vs. $224.19 Mln last year.
-Revenue Change (Y-o-Y): 15.7%
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