For the second quarter ended June 30, 2013, FEI Company (Nasdaq:FEIC) reported bookings that were the highest for any quarter in the company’s history as well as improved gross margins and strong cash flow from operations.
Revenue of $222.5 million was a record for a second quarter and was up slightly compared to $221.5 million in the second quarter of 2012 and from $221.2 million in the first quarter of 2013. Diluted earnings per share were $0.72, compared with $0.74 in the second quarter of 2012 and $0.65 in the first quarter of 2013. Net income for the quarter was $30.0 million, compared with $30.3 million in the second quarter of 2012 and $26.8 million in the first quarter of 2013.
The gross margin in the second quarter was 48.0%, compared with 47.2% in the second quarter of 2012 and 46.4% the first quarter of 2013.