AURORA, CO -- Revenues at Advanced Circuits increased 1% year-over-year in the third quarter, driven by growth in long lead-time PCBs and offset by lower sales in quickturn PCBs.
The results were in-line with management's expectations.
Third-quarter EBITDA margins fell approximately 80 basis points compared to the year-ago period, reflecting a shift in sales mix.
After seeing sales fall in 2014, the PCB fabricator has now turned in three straight quarters of revenue gains in 2015.
Advanced Circuits is the third-largest PCB fabricator onshore in the US, after TTM Technologies and Sanmina. It has annual sales of nearly $90 million.