FEI Company (FEIC) reported quarterly earnings results on Wednesday, May-4-2016. The company reported $0.56 EPS for the quarter. Analysts had a consensus estimate of $0.56. The company posted revenue of $229.00 million in the period, compared to analysts expectations of $221.36 million. The company’s revenue was up 3.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.66 EPS.
Many Wall Street Analysts have commented on FEI Company. FEI Company was Downgraded by DA Davidson to ” Neutral” on Apr 6, 2016.
FEI Company opened for trading at $89.48 and hit $90.81 on the upside on Monday, eventually ending the session at $90.67, with a gain of 1.85% or 1.65 points. The heightened volatility saw the trading volume jump to 2,53,276 shares. Company has a market cap of $3,705 M.
In a different news, on Nov 19, 2015, Don R Kania (President, CEO) sold 50,000 shares at $76.16 per share price. According to the SEC, on May 13, 2015, Arie Huijser (director) sold 3,500 shares at $75.60 per share price. On May 13, 2015, Richard H Wills (director) sold 6,000 shares at $76.02 per share price, according to the Form-4 filing with the securities and exchange commission.
FEI Company is a supplier of scientific instruments and related services for nanoscale applications and solutions for industry and science. The Company operates in two segments: Industry Group and Science Group. The Industry Group consists of customers in semiconductor integrated circuit manufacturing and related industries such as manufacturers of data storage equipment and other technologies as well as customers in the natural resources industries including mining and oil and gas. The Science Group includes universities public and private research laboratories and customers in a range of industries including metals automobiles aerospace and forensics. The tools are used in a laboratory. Its products include transmission electron microscopes; scanning electron microscopes (SEM); DualBeamTM systems which combine a SEM and a focused ion beam system (FIB) on a single platform; stand-alone FIBs; optical microscopes three-dimensional modelling software and service and components.