Multi-Fineline Electronix (MFLX) Tops Q3 EPS by 22c

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Go back to Multi-Fineline Electronix (MFLX) Tops Q3 EPS by 22c

MFLEX Announces Third Quarter 2015 Financial Results

November 5, 2015 4:30 PM EST

IRVINE, Calif., Nov. 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 third quarter ended September 30, 2015.  Net income of $13.7 million, or $0.54 per diluted share, increased 131 percent from $5.9 million, or $0.24 per diluted share, in the same period last year. 

Reza Meshgin, Chief Executive Officer of MFLEX, commented, "With outstanding operational execution during the third quarter, we achieved our fifth consecutive quarter of strong profitability with earnings per share more than doubling... More