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Molex: results for 2007 third fiscal quarter 20-04-07

Molex reported results for its 2007 third fiscal quarter. Revenue was $807.0 million, an increase of 12.0% over the same period last fiscal year. It included $58.3 million from Woodhead Industries, which the Company acquired on August 10, 2006. Net income for the March quarter was $65.3 million, an increase of 6.7% over the same period last fiscal year. Revenue as compared to the prior year quarter increased 4% in the consumer market, 1% in the telecom market (including both infrastructure and mobile), and 2% in the data market. Revenue in the industrial market, including the acquisition of Woodhead Industries, increased 99% and by 10% without the inclusion of Woodhead. Revenue in the automotive market increased 14% as a result of new project wins and increased penetration of customers in the Asia-Pacific regions.

 
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