News
HAWTHORNE, CA -- OSI Systems today reported second fiscal quarters ales at its Optoelectronics business unit rose 33% year-over-year to $76.4 million. The unit, which provides components and electronics manufacturing services, helped boost the company's overall net sales 22% over the prior year.
GLENVIEW, IL -- Illinois Tool Works today reported fourth-quarter revenue at its Test & Measurement and Electronics business unit rose 1.2% year-over-year to $559 million. Operating margin rose 250 basis points to 15.7% for the period ended Dec. 31.
SAN JOSE – Sanmina today reported first-quarter revenue for the period ended Dec. 28 of $1.45 billion, down 2.7% compared to the fiscal first quarter of 2013, and down nearly 4% sequentially. Net income for the quarter was $23.1 million, compared to $621,000 for the same period a year ago.
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