Lenthor Engineering Announces Year End 2019 Financial Results


Reading time ( words)

Lenthor Engineering, Inc., a California based designer, manufacturer and assembler of rigid-flex and flex printed circuit boards, announces its 2019 year-end financial results.

Strong performance was reported for Q4 2019 with revenue totaling $9.2M compared to Q4 2018 revenues of $7.8M representing a 18.5% increase. Total revenue for the full calendar year 2019 reported in at $35.1M compared to $27.5M in 2018 an impressive 21.7% increase.  With these results Lenthor Engineering retains its positon as one of the largest privately owned flex and rigid-flex fabrication and assembly companies in North America.

Profit totals for both Q4 2019 and full calendar year 2019 also reported in as exceptional resulting in a significant year over year increase.  The increase in profitability can be attributed to the previous year’s capitalization expenditures coming on-line during 2019.

Lenthor Engineering continues funding of its business expansion plans with capital expenditures in 2020 planned for $2.5M. This level of expenditure is due to forecasted growth in Lenthor’s Mil/Aero, Telecomm and Medical market segments along with a rebounding Semiconductor Equipment Manufacturing segment. 

 

Share

Print


Suggested Items

Advantages of Using ZIF Connectors as a Termination Method

03/17/2020 | All Flex
There are many types of connectors and termination methods available when designing a flexible circuit. One of the most common is the zero insertion force (ZIF) connector. The reason why the ZIF connector is so popular is that they eliminate the requirement for an added connector. They create a direct connection from the circuit to the mating connector reducing overall weight and cost. Here are a few general facts about ZIF connectors.

Flexible Circuit Design Guidelines

03/05/2020 | Flexible Circuit Technologies
Flexible circuit designs share many of the same challenges of rigid PCB designs, but there are also many differences and additional challenges. The very nature of a flex circuit being able to bend and flex make it as much a mechanical device as an electrical one. This creates a special set of requirements unique to flexible circuitry. Understanding how these requirements interact will allow the PCB designer to create a flex circuit that balances the electrical and mechanical features into a reliable, cost-effective interconnect solution.

Catching up With Flexible Circuit Technologies

02/14/2020 | Dan Beaulieu, D.B. Management Group
Dan Beaulieu catches up with Troy Koopman, president and co-founder of Flexible Circuit Technologies (FCT), and Carey Burkett, the company’s VP of business development. FCT is a full-service flex and rigid-flex supplier.



Copyright © 2020 I-Connect007. All rights reserved.