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Last $16.38 USD
Change Today +0.07 / 0.43%
Volume 81.2K
MFLX On Other Exchanges
Symbol
Exchange
NASDAQ GS
Frankfurt
As of 8:10 PM 08/28/15 All times are local (Market data is delayed by at least 15 minutes).

multi-fineline electronix in (MFLX) Snapshot

Open
$16.31
Previous Close
$16.31
Day High
$16.53
Day Low
$16.13
52 Week High
05/22/15 - $26.05
52 Week Low
10/28/14 - $8.11
Market Cap
399.1M
Average Volume 10 Days
160.8K
EPS TTM
$1.69
Shares Outstanding
24.4M
EX-Date
--
P/E TM
9.7x
Dividend
--
Dividend Yield
--
Current Stock Chart for MULTI-FINELINE ELECTRONIX IN (MFLX)

multi-fineline electronix in (MFLX) Related Businessweek News

No Related Businessweek News Found

multi-fineline electronix in (MFLX) Details

Multi-Fineline Electronix, Inc. engages in the engineering, design, and manufacture of flexible printed circuit boards and related component assemblies for the electronics industry. The company offers integrated flexible printed circuits and component assembly solutions, such as design and application engineering, prototyping, high-volume fabrication, component assembly, and testing. It serves original equipment manufacturer and electronic manufacturing service providers in the electronics industry for a range of applications, including smartphones, tablets, computer/data storage products, portable bar code scanners, personal computers, wearables, and other consumer electronic devices. The company primarily operates in the United States, China, Singapore, Malaysia, Korea, and the United Kingdom. Multi-Fineline Electronix, Inc. was founded in 1984 and is based in Irvine, California.

6,290 Employees
Last Reported Date: 02/13/15
Founded in 1984

multi-fineline electronix in (MFLX) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: $165.7K
Executive Vice President and Managing Directo...
Total Annual Compensation: $94.3K
Executive Vice President, General Counsel and...
Total Annual Compensation: $85.0K
Executive Vice President of Business Developm...
Total Annual Compensation: $85.6K
Compensation as of Fiscal Year 2014.

multi-fineline electronix in (MFLX) Key Developments

Multi-Fineline Electronix, Inc. Reports Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2015; Provides Financial Guidance for the Third Quarter of 2015; Provides Capital Expenditure Guidance for the Year 2015

Multi-Fineline Electronix, Inc. reported unaudited consolidated earnings results for the second quarter and six months ended June 30, 2015. Net sales for the second quarter of 2015 were $152.8 million, an increase of 17%, compared to net sales of $130.8 million for the same period last year. Net income for the second quarter of 2015 was $11.9 million or $0.47 per diluted share, compared to a net loss of $28.8 million, or $1.19 per diluted share, for the same period last year. This was driven by sales growth and a much leaner cost structure following 2014 restructuring. Non-GAAP net income for the second quarter of 2015 was $12.5 million, or $0.49 per diluted share, compared to a non-GAAP net loss of $20.7 million, or $0.86 per diluted share, in the same period of the prior year. Operating income was $8,873,000 compared to loss of $26,010,000 a year ago. Income before taxes $10,346,000 compared to loss of $25,148,000 a year ago. Net cash used in operating activities was $10,410,000 compared to $24,702,000 a year ago, primarily due to the timing of certain shipments and payment terms. Purchase of property and equipment was $2,427,000 compared to $3,590,000 a year ago. For the six months, net sales were $301,864,000, compared to $248,597,000 for the same period last year. Net income was $20,971,000 or $0.83 per diluted share, compared to a net loss of $81,176,000, or $3.37 per diluted share, for the same period last year. Non-GAAP net income was $21,849,000, or $0.87 per diluted share, compared to a non-GAAP net loss of $44,906,000, or $1.86 per diluted share, in the same period of the prior year. Operating income was $18,259,000 compared to loss of $73,263,000 a year ago. Income before taxes $20,933,000 compared to loss of $72,256,000 a year ago. Net cash provided by operating activities was $9,761,000 compared to net cash used in operating activities of $9,852,000 a year ago. Purchase of property and equipment was $6,317,000 compared to $7,437,000 a year ago. For the third quarter of 2015, the company expects net sales to be between $155 and $185 million and gross margin to range between 10 and 12%, based on anticipated production build plans, new product ramps, net sales volume and product mix. The company estimates CapEx spending of $5 million to $7 million in the third quarter. For the full year 2015, the company estimates CapEx spending of about $20 million.

Multi-Fineline Electronix, Inc. to Report Q2, 2015 Results on Aug 05, 2015

Multi-Fineline Electronix, Inc. announced that they will report Q2, 2015 results at 5:30 PM, Eastern Daylight on Aug 05, 2015

Multi-Fineline Electronix, Inc., Q2 2015 Earnings Call, Aug 05, 2015

Multi-Fineline Electronix, Inc., Q2 2015 Earnings Call, Aug 05, 2015

 

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MFLX

Industry Average

Valuation MFLX Industry Range
Price/Earnings 2.5x
Price/Sales 0.4x
Price/Book 1.1x
Price/Cash Flow 2.4x
TEV/Sales 0.3x
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