CLEVELAND -- OM Group announced third-quarter net sales of $235.2 million, down 48% from 2008 on price-pressure and lower volume. Net income was $11.4 million, or $0.38 per diluted share, down 80%, including restructuring charges of $11.9 million.
ANAHEIM, CA -- Multi-Fineline Electronix today reported fiscal fourth-quarter net sales fell 6.5% year-over-year on lower demand from two major customers. Sales were up sequentially on consumer demand.