Last $9.96 USD
Change Today +0.09 / 0.91%
Volume 20.2K
MFLX On Other Exchanges
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As of 4:30 PM 09/23/14 All times are local (Market data is delayed by at least 15 minutes).

multi-fineline electronix in (MFLX) Snapshot

Open
$9.87
Previous Close
$9.87
Day High
$10.07
Day Low
$9.81
52 Week High
09/23/13 - $17.43
52 Week Low
06/16/14 - $9.62
Market Cap
240.7M
Average Volume 10 Days
38.8K
EPS TTM
$-3.15
Shares Outstanding
24.2M
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for MULTI-FINELINE ELECTRONIX IN (MFLX)

multi-fineline electronix in (MFLX) Related Businessweek News

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multi-fineline electronix in (MFLX) Details

Multi-Fineline Electronix, Inc. is engaged in the engineering, design, and manufacture of flexible printed circuit boards and related component assemblies for the electronics industry. The company offers integrated flexible printed circuits and component assembly solutions, such as design and application engineering, prototyping, high-volume fabrication, component assembly, and testing. It serves original equipment manufacturer and electronic manufacturing service providers in the electronics industry for applications, including mobile phones and smart phones, tablets, personal computers, consumer products, portable bar code scanners, computer/data storage, and medical devices. The company primarily operates in the United States, China, Singapore, Malaysia, Korea, and the United Kingdom. Multi-Fineline Electronix, Inc. was founded in 1984 and is headquartered in Irvine, California.

9,150 Employees
Last Reported Date: 11/13/13
Founded in 1984

multi-fineline electronix in (MFLX) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: $631.4K
Chief Financial Officer, Principal Accounting...
Total Annual Compensation: $385.7K
Executive Vice President and Managing Directo...
Total Annual Compensation: $366.3K
Executive Vice President, General Counsel and...
Total Annual Compensation: $311.8K
Executive Vice President of Business Developm...
Total Annual Compensation: $314.3K
Compensation as of Fiscal Year 2013.

multi-fineline electronix in (MFLX) Key Developments

Multi-Fineline Electronix, Inc. Reports Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended June 30, 2014; Provides Earnings Guidance for the Fourth Quarter and Tax Rate Guidance for the Fiscal 2014; Reports Impairment Charges for the Third Quarter Ended June 30, 2014

Multi-Fineline Electronix, Inc. reported unaudited consolidated earnings results for the third quarter and nine months ended June 30, 2014. Net sales in the third quarter of fiscal 2014 were $130.8 million, down 4% from net sales of $136.1 million in the same quarter last year, primarily due to lower net sales to two key customers, partially offset by a significant increase in sales to the company's newer customers. Net loss for the third quarter of fiscal 2014 was $28.8 million, or $1.19 per share, compared to a net loss of $31.5 million, or $1.32 per share, for the same period in the prior year. Non-GAAP net loss excluding the impact of stock-based compensation expense and impairment and restructuring related charges for the third fiscal quarter of 2014 was $20.7 million, or $0.86 per share, compared to a non-GAAP net loss of $18.5 million, or $0.77 per share, in the same period a year ago. Operating loss was $26 million against $31.7 million a year ago. Loss before income taxes was $25.1 million against $31.5 million a year ago. Net cash used in operating activities was $24.7 million against $6.6 million a year ago. Purchases of property and equipment were $3.6 million against $9.2 million a year ago. Non-GAAP net loss was $20.7 million or $0.86 per basic and diluted share against $18.5 million or $0.77 per basic and diluted share a year ago. For the nine months, the company reported net sales of $460.3 million against $599.4 million a year ago. Operating loss was $81.5 million against $47.5 million a year ago. Loss before income taxes was $80.1 million against $47.3 million a year ago. Net loss was $90.5 million or $3.75 per basic and diluted share against $47.1 million or $1.97 per basic and diluted share a year ago. Net cash used in operating activities was $1.6 million against net cash provided by operating activities of $69.4 million a year ago. Purchases of property and equipment were $14 million against $36 million a year ago. Non-GAAP net loss was $90.5 million or $2.23 per basic and diluted share against $47.1 million or $1.35 per basic and diluted share a year ago. For the fourth quarter of fiscal 2014, the company expects net sales to be between $150 and $180 million. Gross margin is expected to range between 4% and 7%. The company anticipates spending $5 million to $8 million of capex. The company expects the future effective tax rate to be in the mid-to-high teens, excluding restructuring for the coming year. For the quarter, the company reported asset impairments of $6.9 million against $7.5 million a year ago.

Multi-Fineline Electronix, Inc. to Report Q3, 2014 Results on Aug 07, 2014

Multi-Fineline Electronix, Inc. announced that they will report Q3, 2014 results at 4:30 PM, US Eastern Standard Time on Aug 07, 2014

Multi-Fineline Electronix, Inc., Q3 2014 Earnings Call, Aug 07, 2014

Multi-Fineline Electronix, Inc., Q3 2014 Earnings Call, Aug 07, 2014

 

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