Lenthor Reports Q4 Revenue Up 3%
Published: 28 March 2017
by Chelsey Drysdale
MILPITAS, CA – Lenthor Engineering reported fourth quarter revenue of $6.4 million, an increase of 3.2% year-over-year.
Total 2016 revenue was $27.1 million, up 37% year-over-year.
Lenthor Engineering plans to spend $2.2 million on expansion in 2017. As part of the plan, Lenthor has expended $1 million to date in its assembly and fabrication area. Expenditures in assembly include solder paste AOI and component AOI.
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