Lenthor Engineering Announces Mid-year 2020 Financial Results
August 12, 2020 | Lenthor EngineeringEstimated reading time: Less than a minute
Lenthor Engineering, Inc., a California-based designer, manufacturer and assembler of rigid-flex and flex printed circuit boards, announces its 2020 mid-year financial results.
Strong performance was reported for Q2 2020 with revenue totaling $9.4M an increase from Q1 2020’s reported revenue of $8.3M. With these results, Lenthor Engineering retains its position as one of the largest privately owned flex and rigid-flex fabrication and assembly companies in North America.
Profit totals for mid-year 2020 also reported in with a significant year over year increase over the same period of 2019. The increase in profitability can be attributed to the previous year’s capitalization expenditures coming on-line during Q3 and Q4 of 2019 and into Q1 2020. Lenthor Engineering’s Order Book continued to show strength as well with a reported 1.06% Book-to-Bill ratio.
Lenthor Engineering is focusing future growth opportunity on moving into full production on designs incorporating advanced dielectric materials. This focus is driven by forecast demand in the use of these materials from several major account partners within Lenthor Engineering’s key markets of support, mil/aero, telecom, and medical.
Suggested Items
Boeing Opens Research & Technology Center in Japan
04/23/2024 | BoeingBoeing today opened a Boeing Research & Technology (BR&T) Center in Japan that will focus on innovation to enable the commercial aviation industry meet its goal of net zero carbon emissions by 2050.
Ansys Joins BAE Systems’ Mission Advantage Program to Advance Digital Engineering Across US Department of Defense
04/16/2024 | ANSYSAnsys announced it is working with BAE Systems, Inc., to accelerate the adoption of digital engineering and MBSE across the Department of Defense (DoD).
Incap Estonia Teamed Up With Solaride to Fuel Youth Excitement for The World of Engineering
04/11/2024 | IncapIncap Estonia partnered with Solaride to ignite enthusiasm among young people for the world of engineering and sustainable technology. Together, they organised an inspiring day for students from grades 7 through 12 in Saaremaa. Held at Incap’s Kuressaare factory, this event brought together over 130 young minds eager to explore the innovative world of technology and learn more about advanced electronics manufacturing.
Mark Schulman Rocks Zuken Innovation World + integrate24
04/10/2024 | ZukenZuken USA, Inc. is excited to announce that the renowned drummer and motivational speaker, Mark Schulman, will be the keynote speaker at this year's Zuken Innovation World Americas (ZIW) conference, co-located with integrate24. Scheduled for September 17-19, 2024, in the vibrant city of Cleveland, Ohio, the conference aims to bring together the brightest minds in the PCB, Wire Harness, and Digital Engineering fields.
Saab Announces Plans for New Munitions Facility in U.S.
04/03/2024 | SaabSaab announced plans to build a new munitions facility in the U.S., continuing the company’s strong investment and growth domestically.