Multi-Fineline Electronix, Inc.
MFLX, a leading global provider of high-quality, technologically
advanced flexible printed circuit and value-added component assembly solutions
to the electronics industry, today reported preliminary financial results for
its fiscal first quarter ended December 31, 2012.
The Company expects net sales in the first quarter of fiscal 2013 to be above
the Company's guidance range at approximately $290 million, up 21 percent from
net sales of $239.3 million in the same quarter last year. Gross margin
during the first quarter of fiscal 2013 is expected to be approximately 8.5
percent, below the Company's guidance range, compared to 12.2 percent for the
same period in the prior year. MFLEX expects to provide its complete
financial results and business outlook in its earnings release and conference
call on February 7, 2013.
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