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Basler AG reported revenue of €40.3 million for the quarter ending Sept. 30, down 3% from the previous year’s third quarter. Sales revenue for the nine-month period ending Sept. 30 increased 5%, from €123.2 million to €129.2 million. Earnings per share (EPS) for the quarter dropped 5 cents (€, year over year) to 40 cents (€).
Basler estimated closing the fiscal year at a mark of €165 million in revenue, which would bring its fourth-quarter revenue total to just under €36 million (down from just under €39 million for the fourth quarter of fiscal year 2019, and up €3 million from its previous annual revenue total of €162 million).
Incoming order totals for the industrial…READ MORE