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TAMPA -- Reptron Electronics, an electronics manufacturing services company, today reported first-quarter net sales from continuing operations of $34.8 million, a 2.2% decline from a year ago, for the period ended March 31. Net sales were down 3.6% sequentially.

The first quarter loss from continuing operations rose to $1.5 million, from $1 million last year, as the company was hit with startup costs associated with new customers and new programs.

"As in most previous years, our first quarter sales declined from the fourth quarter as our customer base typically has higher demands in the fourth quarter," said Paul J. Plante, president and CEO in a statement.

Gross profit percentage was 11%, 110 basis points higher than last year and 80 basis points higher sequentially.

Plante said the new programs will result in increased revenue and margin in the second quarter.



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