-
- News
- Books
Featured Books
- pcb007 Magazine
Latest Issues
Current IssueThe Growing Industry
In this issue of PCB007 Magazine, we talk with leading economic experts, advocacy specialists in Washington, D.C., and PCB company leadership to get a well-rounded picture of what’s happening in the industry today. Don’t miss it.
The Sustainability Issue
Sustainability is one of the most widely used terms in business today, especially for electronics and manufacturing but what does it mean to you? We explore the environmental, business, and economic impacts.
The Fabricator’s Guide to IPC APEX EXPO
This issue previews many of the important events taking place at this year's show and highlights some changes and opportunities. So, buckle up. We are counting down to IPC APEX EXPO 2024.
- Articles
- Columns
Search Console
- Links
- Events
||| MENU - pcb007 Magazine
Lenthor Engineering Reports Q1 and Q2 Results
August 4, 2016 | Lenthor EngineeringEstimated reading time: 1 minute
Lenthor Engineering, a Milpitas, California based designer, manufacturer and assembler of RIGID-FLEX and FLEX printed circuit boards, announces its year-to-date financial results showing record quarterly revenue and record growth year-over-year.
Total revenue for Q1 2016 came in at $7 million compared to $4 million in Q1 2015, a 75% increase. Similar strong performance was reported for Q2 2016, with revenue totaling $7.1 million compared to $4.8 million in 2015, providing a 48% increase. Profit year-to-date and quarter-over-quarter showed similar results, with growth coming from both the existing customer base as well as from new customers.
The strong growth was fueled by Lenthor Engineering's opening of its newly constructed fabrication facility providing customers with increased capacity and production efficiencies. "The confidence our customers showed us when we announced our intentions to construct a new fabrication and assembly facility allowed us to make the financial investment necessary to create the state-of-the-art facility we now have. This faith in our team is what has allowed us now to enjoy the success we are seeing," said Mark Lencioni, President/CEO of Lenthor Engineering.
Lenthor Engineering has invested over $8 million in new equipment over the last three years in addition to investing over $9.5 million in new building acquisition and related leasehold improvements for the new manufacturing and corporate headquarters facility in Milpitas, CA.
Suggested Items
TTM Technologies Reports First Quarter 2024 Results
05/02/2024 | TTM TechnologiesTTM Technologies, Inc., a leading global manufacturer of technology solutions including mission systems, radio frequency components and RF microwave/microelectronic assemblies, quick-turn and technologically advanced printed circuit boards , reported results for the first quarter 2024, which ended on April 1, 2024.
GPV’s Q1 2024 Interim Financial Report Shows Strong Navigation in Uncertain Times
05/01/2024 | GPVDanish-based GPV recorded an expected drop in sales to DKK 2.3 billion for the first quarter of 2024. The decline also affected the operating profit, which was DKK 155 million compared to DKK 179 million in the same quarter last year, although the EBITDA margin was maintained. In general, demand has been softer in 2024, but GPV continues to invest for the long-term and expects the trend to turn in the second half of 2024.
Celestica Announces Q1 2024 Financial Results
05/01/2024 | CelesticaCelestica Inc., a leader in design, manufacturing, hardware platform and supply chain solutions for the world's most innovative companies, today announced financial results for the quarter ended March 31, 2024 (Q1 2024).
NASA’s Optical Comms Demo Transmits Data Over 140 Million Miles
04/30/2024 | NASA JPLNASA’s Deep Space Optical Communications experiment also interfaced with the Psyche spacecraft’s communication system for the first time, transmitting engineering data to Earth.
Plexus Announces Fiscal Q2 Financial Results
04/30/2024 | Plexus Corp.Plexus Corp. announced financial results for our fiscal second quarter ended March 30, 2024, and guidance for our fiscal third quarter ending June 29, 2024.