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Molex reports fiscal year 2009 results 06-08-09


Molex reported results for its 2009 fourth fiscal quarter and its full fiscal year 2009, both ended June 30, 2009. Revenue for the quarter of $570.6 million increased 12.9% from the March 2009 quarter. Revenue decreased 34.6% from the prior year June quarter and fell 31.4% in local currencies as currency translation decreased revenue by $27.9 million. Net loss was $219.7 million for the quarter. The June quarter compares with net income of $52.6 million, in the prior year June quarter.

 

Revenue for the full fiscal year 2009 was $2.6 billion, a decline of 22.4% compared with the prior fiscal year. The net loss was $321.3 million, compared to a net income of $318 million in 2008.

 
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