FOREST GROVE, OR -- Merix Corp. will restate its first-quarter net loss due to several accounting errors in its fiscal first-quarter financial report. In an SEC filing, the PCB maker said the restatement will up its first-quarter net loss by five cents, to a total of 17 cents per share.

The company said its previously issued financial statements should not be relied upon and that it will file a quarterly report to restate the financial statements.

Merix has been undergoing a series of changes in the past year, starting with the resignation of its chief executive and the closing of its Hong Kong plant.