Multi-Fineline Electronix Shares Down 19.7% Since SmarTrend's Sell Call (MFLX)
Comtex SmarTrend(R) - Mon May 12, 12:18PM CDT
SmarTrend identified a Downtrend for Multi-Fineline Electronix (NASDAQ:MFLX) on March 19th, 2014 at $13.63. In approximately 2 months, Multi-Fineline Electronix has returned 19.66% as of today's recent price of $10.95.
Downtrend Call Working As Multi-Fineline Electronix Stock Falls 20.5% (MFLX)
Comtex SmarTrend(R) - Mon May 05, 9:47AM CDT
SmarTrend identified a Downtrend for Multi-Fineline Electronix (NASDAQ:MFLX) on March 19th, 2014 at $13.63. In approximately 2 months, Multi-Fineline Electronix has returned 20.47% as of today's recent price of $10.84.
MFLEX Reports Fiscal 2014 Second Quarter Financial Results
PR Newswire - Thu May 01, 3:30PM CDT
Multi-Fineline Electronix, Inc. (NASDAQ: MFLX), a leading global provider of high-quality, technologically advanced flexible printed circuits and assemblies, today reported financial results for its fiscal second quarter ended March 31, 2014. Net sales in the second quarter of fiscal 2014 were $117.8 million, down 32 percent from net sales of $173.7 million in the same quarter last year, primarily due to lower net sales to a key customer. This customer accounted for 43 percent of net sales during the second quarter of fiscal 2014. Net sales to the Company's newer customers increased $39.4 million to approximately $53.6 million. Net sales to the newer customers represented approximately 46 percent of total net sales. Two of these newer customers were each at or above 15 percent of net sales during the quarter, supporting a more diversified customer base.
Shares of MFLX Down 10.0% Since Downtrend Call on Shares
Comtex SmarTrend(R) - Mon Apr 28, 9:31AM CDT
SmarTrend identified a Downtrend for Multi-Fineline Electronix (NASDAQ:MFLX) on March 19th, 2014 at $13.63. In approximately 1 month, Multi-Fineline Electronix has returned 9.98% as of today's recent price of $12.27.
MFLEX To Present At The Jefferies 2014 Global Technology, Media And Telecom Conference
PR Newswire - Wed Apr 23, 3:30PM CDT
Multi-Fineline Electronix, Inc. (NASDAQ: MFLX), a leading global provider of high-quality, technologically advanced flexible printed circuits and assemblies, announced today that the Company's President and Chief Executive Officer, Reza Meshgin will be presenting at the Jefferies 2014 Technology, Media and Telecom Conference. The conference is being held May 6-8, 2014 in Miami. The Company is currently scheduled to present at 10:30 a.m. ET on Wednesday, May 7, 2014.
MFLEX Invites The Public To Join Its Fiscal 2014 Second Quarter Financial Results Conference Call And Webcast On May 1, 2014
PR Newswire - Thu Apr 17, 3:30PM CDT
Multi-Fineline Electronix, Inc. (NASDAQ: MFLX), a leading global provider of high-quality, technologically advanced flexible printed circuits and assemblies, announced today that it will host a conference call and webcast to review its fiscal 2014 second quarter financial results on May 1, 2014, at 5:30 p.m. Eastern time (2:30 p.m. Pacific time). The Company's financial results are expected to be released at 4:30 p.m. Eastern time (1:30 p.m. Pacific time) the same day and will be posted on the Company's website at www.mflex.com.
MFLEX Announces Restructuring Plan Designed To Return Company To Profitability
PR Newswire - Thu Feb 20, 3:30PM CST
Multi-Fineline Electronix, Inc. (NASDAQ: MFLX), a leading global provider of high-quality, technologically advanced flexible printed circuits and assemblies, today announced its restructuring plan which is designed to return the Company to profitability. Following a full review of its manufacturing footprint and in an effort to realign its manufacturing capacity and costs with expected revenues, MFLEX is consolidating its production facilities to reduce the total manufacturing floor space by approximately one-third. The Company's assembly operation in Chengdu, China, along with its two satellite manufacturing facilities in Suzhou, China, will be consolidated into MFLEX's two main manufacturing plants, MFC2 and MFC3, in Suzhou. In addition, the Company expects to close its engineering and research & development subsidiary in Cambridge, United Kingdom. These changes are expected to be completed by the end of June and the idled production equipment and vacated buildings owned by the Company will be listed for sale.
MFLEX Reports Fiscal 2014 First Quarter Financial Results
PR Newswire - Thu Feb 06, 3:30PM CST
Multi-Fineline Electronix, Inc. (NASDAQ: MFLX), a leading global provider of high-quality, technologically advanced flexible printed circuits and assemblies, today reported financial results for its fiscal first quarter ended December 31, 2013. Net sales in the first quarter of fiscal 2014 were $211.7 million, down 27 percent from net sales of $289.7 million in the same quarter last year. The decline was primarily due to lower net sales to a key customer, partially offset by a doubling of net sales to the Company's newer customers to approximately $48 million. Net sales to the newer customers represented approximately 22 percent of total net sales.
MFLEX To Present At The Stifel 2014 Technology, Internet & Media Conference
PR Newswire - Wed Jan 29, 3:30PM CST
Multi-Fineline Electronix, Inc. (NASDAQ: MFLX), a leading global provider of high-quality, technologically advanced flexible printed circuits and assemblies, announced today that the Company's President and Chief Executive Officer, Reza Meshgin, and Chief Financial Officer, Tom Liguori, will be presenting at the Stifel 2014 Technology, Internet & Media Conference. The conference is being held February 10-12, 2014 in San Francisco. The Company is currently scheduled to present at 2:40 p.m. PT on Tuesday, February 11, 2014.
MFLEX Invites The Public To Join Its Fiscal 2014 First Quarter Financial Results Conference Call And Webcast On February 6, 2014
PR Newswire - Thu Jan 23, 3:30PM CST
Multi-Fineline Electronix, Inc. (NASDAQ: MFLX), a leading global provider of high-quality, technologically advanced flexible printed circuits and assemblies, announced today that it will host a conference call and webcast to review its fiscal 2014 first quarter financial results on February 6, 2014, at 5:30 p.m. Eastern time (2:30 p.m. Pacific time). The Company's financial results are expected to be released at 4:30 p.m. Eastern time (1:30 p.m. Pacific time) the same day and will be posted on the Company's website at www.mflex.com.
Imerjn Launches File Sharing and Cloud Storage Service
GlobeNewswire - Thu Jan 16, 5:00AM CST
Xumanii (DBA Imerjn) (OTCQB:XUII), announced that it has launched its file sharing service. The service will be accessible directly from the Imerjn website www.imerjn.com.
MFLEX Announces Preliminary Fiscal 2014 First Quarter Financial Results
PR Newswire - Wed Jan 15, 6:00AM CST
Multi-Fineline Electronix, Inc. (NASDAQ: MFLX), a leading global provider of high-quality, technologically advanced flexible printed circuits and assemblies, today reported preliminary financial results for its fiscal first quarter ended December 31, 2013.
MFLEX To Present At The 16th Annual Needham Growth Conference
PR Newswire - Mon Jan 13, 7:30AM CST
Multi-Fineline Electronix, Inc. (NASDAQ: MFLX), a leading global provider of high-quality, technologically advanced flexible printed circuits and assemblies, announced today that its Chief Financial Officer, Tom Liguori, will be providing a company and financial update at the 16th Annual Needham Growth Conference. The conference is being held January 14-16, 2014 in New York City. The Company is currently scheduled to present at 10:40 a.m. ET on Wednesday, January 15, 2014.
MFLEX Appoints James M. McCluney As New Independent Director
PR Newswire - Wed Aug 14, 3:30PM CDT
Multi-Fineline Electronix, Inc. (NASDAQ: MFLX), a leading global provider of high-quality, technologically advanced flexible printed circuits and value-added component assembly solutions to the electronics industry, today announced the appointment of James M. McCluney, 62, to the Company's Board of Directors as a Class I independent director.
MFLEX Reports Fiscal 2013 Third Quarter Financial Results
PR Newswire - Thu Aug 08, 3:30PM CDT
Multi-Fineline Electronix, Inc. (NASDAQ: MFLX), a leading global provider of high-quality, technologically advanced flexible printed circuits and value-added component assembly solutions to the electronics industry, today reported financial results for its fiscal third quarter ended June 30, 2013 that were in-line with the preliminary results reported on July 25, 2013.
Nasdaq stocks posting largest percentage decreases
AP - Fri Jul 26, 5:04PM CDT
NEW YORK (AP) — A look at the 10 biggest percentage decliners on Nasdaq at the close of trading:
Why Multi-Fineline Shares Flatlined
Alex Planes, The Motley Fool - Motley Fool - Fri Jul 26, 1:25PM CDT
Although we don't believe in timing the market or panicking over market movements, we do like to keep an eye on big changes -- just in case they're material to our investing thesis. What: Shares of Multi-Fineline Electronix , or MFLEX, have...