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Fuel Systems Solutions (FSYS) rises 17.8% after reporting revenue of 116.6M (+16.8% Y/Y) and EPS...
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Tuesday, August 9, 2011, 10:59 AM ETFuel Systems Solutions (FSYS) rises 17.8% after reporting revenue of 116.6M (+16.8% Y/Y) and EPS of $0.19, blowing away a consensus of $92.4M and $0.13. Gross margin was 23.2%, down from 25.8% in Q2 2010. The company expects 2011 revenue of $375M-$400M, in line with a $387.4M consensus, and a gross margin of 23-25%.
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