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

Needham & Company Cuts Price on Multi-Fineline Electronix (MFLX) Following 2Q Earnings Results

August 6, 2015 6:55 AM EDT

Needham & Company maintained a Buy rating on Multi-Fineline (NASDAQ: MFLX), and cut the price target to $27.00 (from $29.00), following 2Q15 earnings results. MFLX reported 2Q revenue of $152.8M, beating $150M consensus. Non-GAAP EPS of $0.47 beat consensus estimates of $0.28. September guidance calls for revenue of $155-185M.... More