EMS Drop a Drag on Elecsys Income PDF Print E-mail
Written by Mike Buetow   
Monday, 10 September 2012 10:21

OLATHE, KS -- Elecsys reported fiscal first-quarter contract electronics assembly sales fell 24% year-over-year as the company eliminated its lower-margin programs.

For the first quarter ended July 31, the company's Electronic Manufacturing Services  business had sales of $2.55 million. The firm said it experienced reduced sales to certain existing customers combined with the elimination of certain lower margin customers stemming from its focus on enhancing EMS gross margins.

Overall sales for the quarter were $4.3 million, down 25%. The operating loss $228,000, compared to operating income of $389,000 for the same quarter in the prior year. The net loss was $161,000, versus net income of $213,000.

 

Columns

Eastern-US: China’s New Competitor?

Parity emerges among EMS Factories from Asia, Mexico and the US.

For the first time in years we see parity in the Eastern US among EMS factories from Asia, Mexico and the US. This EMS market condition will permit American OEMs (the EMS industry refers to OEMs as customers) to have more EMS pathways to choose from. Now more than ever, such EMS assignments will require deeper investigation relating to the OEMs’ evaluation of manufacturing strategies.

Read more...
 
The Human Touch

For those who count on the electronics industry for big feats, it’s been a remarkable couple of years.

Read more...
 

Features

Advances in Concentration Monitoring and Closed-Loop Control

Contaminated bath water skews refractive index results. New technology can accurately measure aqueous cleaning agent concentration.

Read more...
 
Circuits Disassembly: Materials Characterization and Failure Analysis

A systematic approach to nonconventional methods of encapsulant removal.

Read more...
 

Search

Search

Login

CB Login

Language

Language

English French German Italian Portuguese Russian Spanish
 

Products

Panasonic Debuts PanaCIM Maintenance with Augmented Reality
PanaCIM Maintenance with Augmented Reality software provides instant communication and information to factory technicians -- when and where it is needed -- so they can respond to factory needs more...