Revenue Update on Perceptron(NASDAQ:PRCP)

Perceptron(NASDAQ:PRCP) announced the earnings results for Fiscal Year 2017 and Q2. The results came in during After-Market on Feb 6, 2017. Company reported revenue of $21.751M. Analysts estimated a revenue of $17.800M. The revenues were 22.2% above the estimates. Earnings per share were $0.27. The reported EPS was above estimates by 550%. Analysts had estimated an EPS of $-0.06.

Perceptron (PRCP) made into the market gainers list on Tuesdays trading session with the shares advancing 11.64% or 0.74 points. Due to strong positive momentum, the stock ended at $7.1, which is also near the day’s high of $7.75. The stock began the session at $7.5 and the volume stood at 11,41,883 shares. The 52-week high of the shares is $7.75 and the 52 week low is $4.18. The company has a current market capitalization of $67 M and it has 93,78,996 shares in outstanding.

Several Insider Transactions has been reported to the SEC. On Jun 14, 2016, W Richard Marz (CEO) purchased 1,000 shares at $4.24 per share price.Also, On Jun 9, 2016, David Lawrence Watza (CFO) purchased 1,000 shares at $4.65 per share price.On Sep 17, 2015, Sylvia Smith (Vice President & CAO) sold 2,000 shares at $10.00 per share price, according to the Form-4 filing with the securities and exchange commission.

Perceptron Inc. (Perceptron) develops produces and sells a range of automated industrial dimensional inspection and three-dimensional (3D) scanning products. The Company’s products include 3D machine vision solutions robot guidance coordinate measuring machines laser scanning and advanced analysis software. The Company’s products are categorized as In-Line Near Line and Off-Line Measurement Solutions (Measurement Solutions products); 3D Scanning products and Value Added Services. The Company offers Measurement Solutions products including AutoGauge AutoFit AutoScan AutoGuide Helix Coord3 and TouchDMIS. It offers 3D Scanning products including ScanWorks Smart3D ScanR and WheelWorks. Its Value Added Services include training field service calibration launch support services consulting services maintenance agreements and repairs.

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