Multi-Fineline sees Q1 revenue $210M, consensus $202.4M Sees Q1 gross margin to be in-line with expectations of approximately breakeven. Net sales to newer customers more than doubled sequentially, and are expected to represent approximately 23% of total net sales.
Multi-Fineline sees Q1 preliminary revenue $145-$150, two estimates $145.70M Revenue guidance is at mid to high end of company guidance range $130M-$160M. Anticipates Q1 gross margin above company's guidance, 12%-13%. Company's largest customer is anticipated to account for 65% of net sales, with newer customers contributed 30%. "We expect Q2 results to be strong and in line with our first quarter results," said the company.