FLIR EST Temperature Sales Fall 55%

By IPVM Team, Published Nov 02, 2020, 06:42am EST

The boom is busting. In the latest sign, FLIR's Q3 2020 results show that sales of Elevated Screening Temperature (EST) have fallen 55.5% compared to the previous quarter.

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Inside this note, we examine FLIR's Q3 2020 results, how and why EST sales are declining, the outlook for 2021, and how this fits into an overall market bust of temperature / 'fever' products.

Executive *******

****** ********* ** ********** for *** ********, ** Q2 ****, **** **** ~$90 ******* *** ** Q3 **** **** ** $40 *******, * ******* of **.*%, **** **** noting:

****** *** ******* ******* for *** ********* *********** contributed $** ******* ** Industrial ************ ******* ** the ***** *******.

**** **** ****, ****** surged ** *** *** of **, **** **** shipping $** *******, ****** all ** *** **** month ** **** *******, peaking ** ** *** declining ******* ***, ** shown ** *** ***** below:

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**** ** *** ********* a *******, ******:

** ******** ** ****** demand *** *** ************ to ********* ** * significantly ***** ***** **** what ** *********** ** the ***** **** ** the ****.

************* *** ********** *** had ****, **** ******* it ****** ***** ***** margins ** **** * percentage ******:

******** ***** ****** ********* 320 ***** ****** ******** to *** ****** ******* of **** ** *** expected ******** ** *** demand *** ****** ** our ******** ********.

*******, **** ** *** surprising ***** ***** *** Hikvision *** **** ******* gross ****** ****** ****** by ***** *** ***** camera *****.

** *** ******** **** for ****'* *** *****, FLIR **** ********* ** enterprise *****, ****** ** lower ***** ******* **** earlier ** *** ****, saying:

[*** **] ******** **** enterprise ***** *********, **** larger ***************, *************** **** are ********** **** ****** control *** ***** ******** for ****** ** *** facilities *** *********. *** those ********* *** ****** longer. *** *****'* * lot ** ***********, ** course, ***** *** **** the ******** ********, ** cetera.

**** *****, **** *********** low *** ***** ** 2021, ~$*** ******* **** than ** ****, ** they *****:

** ** ** **** at ****, ** ****** look ** ** ******* any ******* *** ******** to ***** **. *** if ** *** *** demand **** **** ** a ********.

**** ******* ** ***, we ********* ********** **** approximately $*** ******* ** revenue **** *** ******** in **** **** **** to ** ********** ** 2021

Causes ** ****

**** **** ** ********** with **** ** **** seen **** ***** *** Hikvision's ********* ******** ***** their ************* ***** ****** businesses ** **** ** a ******* *******. ** see * *** ******* driving ****:

  • ** ****** **********: * major ****** ** *** fever ****** **** **** of ***** ** *** was ********* ** *** had ***** ******* ** it *** **** ** find ****** *** ***** buy ****. ***, **** already *** **** ******* naturally ******** *** **** prospects *** *********.
  • ********** ***** *** ***********: A **** **** ******** ****** ******* **** spoken *** ********** ************* ** *********** screening ** * *****-** countermeasure. **** ******* *** shown *********** ******** **** most ** *** *******. What * ****** *** was * **** ** money ********* ******** *** become * **** ********* sell *******.
  • *********** *******: ***** *** price ** ***** ******* at $*,*** ** $**,***, temperature ******* **** *** $2,000 **** ******* ** a *****-**** ***********, ****** with *** ************** *********** ********.

*******

*** **** ********, ** least **** * ***** perspective, ** ********* ****** COVID-19 ******. **** *** motivate **** ****** ** deploy ***** ******* ******* as ******* ** ** a ******* ******** ******** and ******** ********* ******.

**********, ******, ***** ******* are * **** ********** for**** *****-** *******.

Comments (3)

Undisclosed End User #1

11/02/20 03:56pm

*** ********* ** ***... fever ******* **** * flash ** *** ***.

Michael Cain

IPVMU Certified | 11/03/20 02:00pm

***** *** ****, *** buyers ******* ** *** up.

Undisclosed End User #1

In reply to Michael Cain | 11/03/20 03:52pm

* ****** **** *** latest ** **** ***** school ********* ** *******...

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