Perceptron, Inc. Reports Unaudited Earnings Results for the Second Quarter and Six Months Ended December 31, 2016; Provides Earnings Guidance for the Third Quarter of Fiscal 2017
For the six months, the company reported net sales of $39,271,000 against $32,279,000 a year ago. Operating income was $1,278,000 against operating loss of $5,333,000 a year ago. Income before income taxes was $840,000 against loss before income taxes of $5,175,000 a year ago. Net income was $169,000 or $0.02 basic and diluted per share against net loss of $3,654,000 or $0.39 basic and diluted per share a year ago.
For the third quarter of fiscal 2017, the company expects its revenue will be in the range of $16 million to $19 million.