News
ST. LOUIS -- LaBarge Inc. today announced net sales will
be approximately $39.6 million, down 9.2% from $43.6 million a year ago.
For its fiscal 2006 first quarter, ended Oct. 2, net earnings are expected to be $0.12 to $0.13 per diluted share, compared with $0.15 per diluted share in the comparable period a year ago.
The results would be consistent with previous guidance. In its earlier guidance, the company forecast sales of $41 million to $42 million, and diluted earnings per share of $0.12 to $0.13.
Profit margins improved during the quarter. Sales fell below projections because of several customers rescheduling shipments.
For its fiscal 2006 first quarter, ended Oct. 2, net earnings are expected to be $0.12 to $0.13 per diluted share, compared with $0.15 per diluted share in the comparable period a year ago.
The results would be consistent with previous guidance. In its earlier guidance, the company forecast sales of $41 million to $42 million, and diluted earnings per share of $0.12 to $0.13.
Profit margins improved during the quarter. Sales fell below projections because of several customers rescheduling shipments.
LAGUNA, PHILIPPINES -- Shareholders of Speedy-Tech Electronics Ltd., a
Singapore-based EMS and power electronics company, have approved the company's merger with Integrated Microelectronics Inc., a Philippines-based electronics manufacturing service provider.
The merged entity would have a combined revenue of $265 million and profit after tax and minority interests of about $30 million, based on the latest 2004 audited financials.
Singapore-based EMS and power electronics company, have approved the company's merger with Integrated Microelectronics Inc., a Philippines-based electronics manufacturing service provider.
The merged entity would have a combined revenue of $265 million and profit after tax and minority interests of about $30 million, based on the latest 2004 audited financials.
ENDICOTT, NY -- Endicott Interconnect Technologies, IBM's former manufacturing arm, has teamed with Universal Instruments Corp. to automate and
maximize production of very large, complex printed circuit cards and
assemblies.
Endicott Interconnect, which builds PCBs, assemblies and chip packages, is using Universal's Advantis Flip Chip placement system and Polaris multi-process assembly machines to fully automate production of a high-performance chip carrier for a leading military supplier.
The product has several hundred surface-mount components, several memory devices and a very large heat spreader, Endicott Interconnect said in a press statement.
"Due to the mission critical nature of the product, we require stringent accuracy along with the ability to gang pick- and-place the larger components and sophisticated parts tracking," said Raj Raj, Endicott Interconnect senior engineering manager. "In partnership with Universal, we are able to achieve an advanced and innovative solution for these unique manufacturing needs."
Endicott Interconnect, which builds PCBs, assemblies and chip packages, is using Universal's Advantis Flip Chip placement system and Polaris multi-process assembly machines to fully automate production of a high-performance chip carrier for a leading military supplier.
The product has several hundred surface-mount components, several memory devices and a very large heat spreader, Endicott Interconnect said in a press statement.
"Due to the mission critical nature of the product, we require stringent accuracy along with the ability to gang pick- and-place the larger components and sophisticated parts tracking," said Raj Raj, Endicott Interconnect senior engineering manager. "In partnership with Universal, we are able to achieve an advanced and innovative solution for these unique manufacturing needs."
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