Multi-Fineline Electronix (MFLX) Tops Q2 EPS by 21c
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Go back to Multi-Fineline Electronix (MFLX) Tops Q2 EPS by 21c
August 5, 2015 4:30 PM EDT
IRVINE, Calif., Aug. 5, 2015 /PRNewswire/ -- Multi-Fineline Electronix, Inc. (NASDAQ: MFLX), a leading global provider of high-quality, technologically advanced flexible printed circuits and assemblies, today reported financial results for its second quarter ended June 30, 2015. Net sales for the second quarter of 2015 were $152.8 million, an increase of 17 percent, compared to net sales of $130.8 million for the same period last year.   Â
Gross margin for the quarter was 12.2 percent, compared to (5.5) percent in the prior year second calendar quarter. The significant increase in gross margin was primarily due to higher sales, lower overhead and improved efficiencies... More
