Molex reported results for its 2009 third fiscal quarter ended March 31, 2009. Revenue of $505.5 million was at the lower end of the range estimated in the release dated January 27, 2009. Revenue decreased 38.5% from the same period last fiscal year, and 24.2% from the December 2008 quarter. Revenue continued to be impacted by the global slowdown, made worse by customer initiatives to reduce their inventory. Revenue in local currencies fell 37.1% as currency translation decreased revenue by $12.0 million, compared with last year’s March quarter. Net loss was $58.6 million. Included in the quarter results was a pretax restructuring charge of $44.3 million ($34.0 million after-tax), relating to the previously announced restructuring program. The March quarter compares with net income of $50.3 million in the prior year quarter that included a pretax restructuring charge of $6.4 million.