News
RICHARDSON, TX -- TXP Corp., a provider of pre-manufacturing services announced results for the three and six months ended June 30, 2006. Revenue for the second quarter increased 34% to $1.9 million, up from $1.4 million in Q2 2005.
Operating income was $21,000, compared to a loss of $43,000 for the second quarter last year. Net loss was $4.1 million, or $0.04 per share, compared to net loss of $88,000 or $0.00 per share, for Q2 2005. Net loss included non-cash charges of $4.3 million related to a change in the fair value of derivative financial instruments, and $465,000 related to gain on early extinguishment of debt.
Michael C. Shores, president and chief executive, said in a press release, "I am extremely pleased to report that we achieved an operating profit for the second quarter of fiscal 2006 -- a major accomplishment, given the early stage of our business. Moreover, our customer base has grown to over 93 customers at the end of the second quarter, from 63 customers at the same time last year."
Operating income was $21,000, compared to a loss of $43,000 for the second quarter last year. Net loss was $4.1 million, or $0.04 per share, compared to net loss of $88,000 or $0.00 per share, for Q2 2005. Net loss included non-cash charges of $4.3 million related to a change in the fair value of derivative financial instruments, and $465,000 related to gain on early extinguishment of debt.
Michael C. Shores, president and chief executive, said in a press release, "I am extremely pleased to report that we achieved an operating profit for the second quarter of fiscal 2006 -- a major accomplishment, given the early stage of our business. Moreover, our customer base has grown to over 93 customers at the end of the second quarter, from 63 customers at the same time last year."
WEST HAVEN, CT – Enthone Inc., a business of Cookson Electronics, has introducing dedicated Simple Chinese and German language content throughout its Website (enthone.com). The content provides both product information, as well as data tailored to address technology needs, product applications and other requirements for customers in the Asia-Pacific region and Germany.
The user may access the new language Website areas by clicking on the "Select Language" drop down menu located in the upper left quadrant of every page.
The user may access the new language Website areas by clicking on the "Select Language" drop down menu located in the upper left quadrant of every page.
Huub van Dun, president of Enthone Inc., said: "There is no doubt that the substantial growth, acceptance and continued demand of Enthone products throughout the Asia-Pacific region has mandated the rebirth of the enthone.com site to better serve our customers. Concurrently, Germany continues to be Enthone's largest market throughout Europe where the development and acceptance of products for the automotive and plumbing industries have global impact."
Enthone is a supplier of specialty chemicals and coatings used in the electronics and surface finishing industries.
Enthone is a supplier of specialty chemicals and coatings used in the electronics and surface finishing industries.
ATLANTA, GA — UP Media Group Inc. and Circuits Assembly have partnered with Kitmondo.com, one of the world’s largest online marketplaces for used equipment.
The new online marketplace, powered by Kitmondo, is available at circuitsassembly.kitmondo.com/. The online marketplace provides subscribers with access to thousands of classified listings containing used PCB assembly equipment, used SMT equipment and used semiconductor equipment.
The global used equipment market (all categories) is estimated at $100 billion annually. Kitmondo.com has 5,100+ equipment listings in the PCB Assembly category and boasts advertisers in 58 countries.
"We have found that Kitmondo generates specific customer interest in our products and allows us to only pay when we make a sale, thus eliminating upfront costs of advertising,” said Alden Lewis of NEA Inc., who uses Kitmondo to sell PCB assembly equipment.
The new online marketplace, powered by Kitmondo, is available at circuitsassembly.kitmondo.com/. The online marketplace provides subscribers with access to thousands of classified listings containing used PCB assembly equipment, used SMT equipment and used semiconductor equipment.
The global used equipment market (all categories) is estimated at $100 billion annually. Kitmondo.com has 5,100+ equipment listings in the PCB Assembly category and boasts advertisers in 58 countries.
"We have found that Kitmondo generates specific customer interest in our products and allows us to only pay when we make a sale, thus eliminating upfront costs of advertising,” said Alden Lewis of NEA Inc., who uses Kitmondo to sell PCB assembly equipment.
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