FRANKLIN, MA – Speedline Technologies reported sales rose 10% sequentially during its fiscal second quarter ended June 30. Sales were up 33% over the second quarter of 2005.
In a press statement, president and chief executive Pierre de Villemejane said, “On the whole, we see positive signs
everywhere. Printers and wave soldering continue to be the strongest performers, but we have also seen – and this is especially true of this quarter – strong sales of reflow and cleaning systems.”
The company is privately held and is not required to report
sales or profitability figures.
Revenues of MPM printers grew 50% year-over-year, while sales
of Electrovert soldering equipment rose 42%.
“Speedline expects continued sales growth across all product
lines, especially as our new products continue to win new market share,” de
Villemejane said.