Perceptron, Inc. announced unaudited earnings results for the first quarter ended September 30, 2017. For the quarter, the company reported net sales of $19,269,000 as compared to $17,520,000 for the same period last year. Operating Income was $1,545,000 as compared to operating loss of $1,979,000 for the same period last year. Net Income was $1,558,000 as compared to net loss of $2,355,000 for the same period last year. Income per common share was $0.16 as compared to loss per common share of $0.25 for the same period last year. Operating income excluding special items would have been $1,493,000 as compared to operating loss of $1,323,000 for the same period last year. Net Income excluding special items would have been $1,558,000 as compared to net loss of $1,844,000 for the same period last year. Diluted income per share excluding special items was $0.16 as compared to diluted loss per share of $0.20 for the same period last year. Cash flow from operations provided $4.2 million in the quarter, compared to a use of $1.5 million in the prior year's first quarter.

The company announced the revenue guidance for the second quarter of $20 million to $23 million.