caLogo

MILPITAS, CA – Lenthor Engineering reported fourth quarter revenue of $10.3 million, an increase of 12% year-over-year.

Revenue for 2020 was $36.6 million, up 4.3% compared to 2019.

Profits for the fourth quarter and full year both saw significant year-over-year increases, the company says. The increase in profitability can be attributed to 2019 capitalization expenditures coming online during 2019 and 2020.

Lenthor Engineering has $1.5 million in capital expenditures planned for 2021 as a result of forecasted growth in the firm’s military/aerospace, telecomm and medical market segments, along with rebounding semiconductor equipment manufacturing.

PCB EAST: The original East Coast technical conference and exhibition! Returning to the Boston suburbs in June 2021! 

Submit to FacebookSubmit to Google PlusSubmit to TwitterSubmit to LinkedInPrint Article
Don't have an account yet? Register Now!

Sign in to your account