MFLEX Announces First Quarter 2015 Financial Results

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Go back to MFLEX Announces First Quarter 2015 Financial Results

Needham & Company Raises PT after Multi-Fineline Electronix (MFLX) 1Q In-Line Results

May 8, 2015 7:36 AM EDT

Needham & Company maintained a Buy rating on Multi-Fineline Electronix, Inc. (NASDAQ: MFLX), and raised their price target to $29 (from $25), following in-line revenue reports from the 1Q. MFLX reported revenue and margin results consistent with their pre-announcement on April 17th of $149.1M and 12.8%. This is... More

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

May 7, 2015 4:42 PM EDT

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,... More