AURORA, CO -- Advanced Circuits' fourth-quarter revenue decreased 4% year-over-year, the company announced.

EBITDA for the period ended Dec. 31 fell 9.6%, primarily due to lower sales and long lead-time PCBs, partially offset by growth in assembly and quickturn PCBs.

Fourth-quarter EBITDA margins were slightly lower, at 30.2% compared to 32% in the year-ago period, reflecting a shift in sales mix. Looking ahead, the firm expects to achieve modest growth in this business during 2016.

For the year ended Dec. 31, Advanced Circuits had net sales of approximately $87.5 million , up 1.9% from 2014. Operating income was $24.1 million up 7% from a year ago.

Alan Offenberg, chief executive of Advanced Circuits' parent company Compass Diversified Holdings, noted sales were up slightly overall yet 2016 was characterized by more consistent declines.

"Unlike in prior years, where the business has seen more a consistent level of either growth or, unfortunately, there's been times of more consistent declines, this was a year that was a little choppier. We would have growth, then a little bit of decline."

Advanced Circuits acquired Coastal Circuits during the most recent quarter. 

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