IRVINE, CA – EMS firm Probe Manufacturing reported 57% revenue growth for its fourth quarter 2011compared to the same period of 2010.
For full-year 2011, revenue was $4.6 million, up 62% year-over-year. The revenue increase is attributed to order growth within existing accounts and the addition of eight new customers.
Operating income for the year increased to $229,000, up 237% year-over-year. Net profit was up approximately 73% in 2011, excluding the one-time gain from debt settlement that occurred in 2010.