Fuel Systems Solutions (FSYS) smashed Wall St estimates this morning by reporting quarter over quarter revenue and earnings growth of 10% and 5% respectively. The company posted .77/share which was well ahead of the estimate of .43/share on revenues of $116.2. The company also raised guidance for the full year 09. The company sees revenues in the range of $415 – 425 million vs the Wall St estimate of $380.
CEO Mariano Costamagna commented on … Read the rest