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.
SAN JOSE -- SEMI today announced the release of eight standards, including specifications for epitaxial
silicon wafers, test methods for measuring mechanical vibrations in FPD
handling equipment, MEMS terminologies, and data matrix symbology for
automated identification of EUV lithography masks.
SEMI releases specs three times per year. The Nov. 1 batch of eight new
technical standards are applicable to the semiconductor, flat panel
display and MEMS manufacturing industries.
ANGLETON, TX -- Benchmark Electronics
reported sales
of $561 million for the quarter ended Sept. 30, up 11% from last year. Third-quarter net income was
$20.3 million, up 12.7%.
"Our third quarter results are a clear indication that our strategy is
working as we delivered double digit growth in sales and net income," said president and CEO Cary T. Fu.
TORONTO -- Celestica this afternoon said third-quarter sales
were down 8% to $1.99 billion, year-over-year. The GAAP loss for the
quarter ended Sept. 30 was $19.6
million, including charges, versus $24.4 million last year.
Operating margins were 2.3%, up from 1.8% a year ago
The comany guided for Q4
revenue of $1.9 billion to $2.1 billion, and adjusted net earnings of $0.10 to $0.18.
NEW YORK -- Dover Corp. today reported profits from
continuing operations rose 18% to $132.6 million and revenue rose 23%
to $1.56 billion for its third quarter ended
Sept. 30. Net income was $122.7
million, including a loss of $9.9 million, versus $120.3 million in
2004.
Income and earnings per share from continuing operations
were at their highest levels since the third quarter of 2000.
ELKHART, IN -- CTS Corp., a manufacturer of electronic
components and sensors and a provider of EMS
services, will build a manufacturing
operation in Ostrava, on the
eastern border of the Czech Republic. Production is expected to start
mid-2006. The facility will initially manufacture automotive products
for the European market.
In a press statement, vice president and general manager of
CTS automotive products Jeff McCurley said, "Our European sales are projected to double
in the next five years. Expansion of our European manufacturing
presence to the Czech Republic will better serve our European
automotive customers. Locating our new plant in Ostrava offers low
costs, availability of technical skills and necessary manufacturing
infrastructure," added McCurley.