Multi-Fineline Electronix (MFLX) Tops Q1 EPS by 8c

Multi-Fineline Electronix (NASDAQ: MFLX) reported Q1 EPS of $0.37, $0.08 better than the analyst estimate of $0.29. Revenue for the quarter came in at $149.1 million versus the consensus estimate of $147.3 million.

Multi-Fineline Electronix sees Q2 2015 revenue of $135-165 million.

Commenting on the outlook, Reza Meshgin, Chief Executive Officer of MFLEX, said, "We anticipate continued strong demand across our customer base. Looking ahead, we believe that we are well positioned for healthy year-over-year sales and earnings growth for full year 2015.

"We are pleased with what we have accomplished under our new operating model and remain focused on maintaining solid relationships with our current customers, while further diversifying our customer and product base. At the same time, we are dedicated to controlling our costs, continually improving our efficiency and investing in best in class technology, all of which position us to meet our longer-term growth objectives."

For earnings history and earnings-related data on Multi-Fineline Electronix (MFLX) click here.

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