Lenthor Engineering Releases Q3 2017 Results


Reading time ( words)

Lenthor Engineering, a California-based designer, manufacturer and assembler of rigid-flex and flex PCBs, announces its financial results for the third quarter (Q3 2017).

Total revenue for Q3 2017 came in at $6.806 million, up by 2% from the $6.722 million in Q3 2016. Strong revenue performance continues from Q2 2017, which came in at $6.207 million, and Q1 2017 coming in at $6.192 million. Profit totals for Q3 2017 continue to be strong with full year 2017 profit to be on pace to exceed levels reported in 2016.

Lenthor Engineering's strong financial position allows Lenthor to continue funding of its business expansion plans with capital expenditures in 2017 planned for $2.44 million. As part of that plan, Lenthor has expended $2 million to date in its assembly and fabrication area. The expenditures in assembly, which include both solder paste AOI and component AOI, along with a new pick and place line, provide Lenthor's customers with the level of quality assurance and throughput necessary in today's demanding and competitive marketplace.

Share


Suggested Items

Challenges and Opportunities with CFX

11/09/2018 | Stephen Las Marias, I-Connect007
Larry Chen, global marketing supervisor at Taiwan-based Test Research Inc. (TRI), speaks about how the company is supporting IPC’s Connected Factory Exchange (CFX) initiative, the user interest on the standard, the challenges, and his outlook for CFX.

I-Connect007 Survey: Inspection Systems to See Increasing Use of 3D Technology

10/31/2018 | Stephen Las Marias, I-Connect007
There is a critical need for inspection in the PCB assembly industry amid the continuing trend towards miniaturization in electronic systems and devices. Further, as solder joints become smaller and fine pitch becomes denser, the use of 3D technologies in inspection systems is becoming a must to help improve the quality and reliability of tests.

AI-Powered Inspection

10/16/2018 | Stephen Las Marias, I-Connect007
Viscom AG COO Peter Krippner discusses artificial intelligence (AI) and its impact in the electronics manufacturing industry. He speaks about how AI will change the industry, the challenges in adopting AI, and the state of implementation of AI in electronics manufacturing right now.



Copyright © 2018 I-Connect007. All rights reserved.