Perceptron, Inc. provided the earnings guidance for the fourth quarter and full year 2019. The company expects the revenue for the fiscal fourth quarter is expected to be in the range of $15.5 million to $18.5 million. Given expectations of a flat macro environment in the key industry segments in 2019, lower short-term demand in the Americas region and foreign currency exchange headwinds, the Company tempers its guidance for full year fiscal 2019 revenue to be down approximately 10% compared with the prior fiscal year. Continued early success with new product launches, despite moderating global growth, reinforces Perceptron’s confidence in achieving its long-term growth targets. In reaction to the short-term revenue trends, the Company has implemented a plan to reduce fixed costs, including position eliminations and headcount reductions. These changes are expected to create over $2.0 million in estimated full run-rate annual pre-tax cost savings.