FEI Company Reports 52% Decline In Q3 Earnings

(RTTNews) - FEI Company (FEIC) revealed earnings for third quarter that retreated from last year.

The company said its profit declined to $10.42 million, or $0.25 per share. This was down from $21.65 million, or $0.51 per share, in last year's third quarter.

The company said revenue for the quarter fell 6.7% to $212.56 million. This was down from $227.76 million last year.

FEI Company earnings at a glance:

-Earnings (Q3): $10.42 Mln. vs. $21.65 Mln. last year. -Earnings Decline (Y-o-Y): -51.9% -EPS (Q3): $0.25 vs. $0.51 last year. -EPS Decline (Y-o-Y): -51.0% -Revenue (Q3): $212.56 Mln vs. $227.76 Mln last year. -Revenue Change (Y-o-Y): -6.7%

-Guidance: Next quarter EPS guidance: $1.05 - $1.20 Next quarter revenue guidance: $260 - $275 Mln Full year EPS guidance: $2.85 - $3.00