Lenthor Engineering Releases Q3 2017 Results


Reading time ( words)

Lenthor Engineering, a California-based designer, manufacturer and assembler of rigid-flex and flex PCBs, announces its financial results for the third quarter (Q3 2017).

Total revenue for Q3 2017 came in at $6.806 million, up by 2% from the $6.722 million in Q3 2016. Strong revenue performance continues from Q2 2017, which came in at $6.207 million, and Q1 2017 coming in at $6.192 million. Profit totals for Q3 2017 continue to be strong with full year 2017 profit to be on pace to exceed levels reported in 2016.

Lenthor Engineering's strong financial position allows Lenthor to continue funding of its business expansion plans with capital expenditures in 2017 planned for $2.44 million. As part of that plan, Lenthor has expended $2 million to date in its assembly and fabrication area. The expenditures in assembly, which include both solder paste AOI and component AOI, along with a new pick and place line, provide Lenthor's customers with the level of quality assurance and throughput necessary in today's demanding and competitive marketplace.

Share


Suggested Items

Mirtec Succeeding Through Inspection Innovation

12/20/2017 | Pete Starkey, I-Connect007
David Bennett, president of Mirtec Europe, speaks with I-Connect007 Technical Editor Pete Starkey about the company's latest inspection technologies, the challenges that miniaturization can bring, and Mirtec's efforts to stay on the leading edge and never be a “me too” company.

Koh Young Europe Ready for Next Year, and Beyond

12/18/2017 | Andy Shaughnessy, I-Connect007
Harald Eppinger, managing director of Koh Young Europe, speaks with I-Connect007 Managing Editor Andy Shaughnessy about the demands of the European market, the company's long-standing success with its solutions, and the future of Koh Young Europe.

Moving Toward the Zero-Defect Line

10/24/2017 | Stephen Las Marias, I-Connect007
During the recent NEPCON South China exhibition in Shenzhen, Olivier Pirou, chief operating officer of Vi TECHNOLOGY, talks about achieving the perfect solder joint from the point of view of an inspection systems provider, and how manufacturers can strategize to achieve a zero-defect line.



Copyright © 2018 I-Connect007. All rights reserved.