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Molex Swings To Profit In 2nd Quarter On Better Sales

Molex Inc. (MOLX) said Tuesday afternoon that it swung to a profit for the second fiscal quarter as sales rose. For the period ended Dec. 31, 2009, Molex reported earnings of $19.3 million, or 11 cents a share, compared with a loss of $87.2 million, or 50 cents a share, for the same period last year. Excluding a restructuring charge, the company said it would have earned $41.4 million, or 24 cents a share, for the recent period. Revenue rose 9% to $729 million. Analysts were expecting earnings of 22 cents a share on revenue of $709.2 million, according to consensus forecasts from Thomson Reuters. -By Dan Gallagher, 415-439-6400; AskNewswires@dowjones.com Order free Annual Report for Molex Incorporated Visit http://djnewswires.ar.wilink.com/?link=MOLX or call 1-888-301-0513

Stock News for Molex Incorporated (MOLX)
DateTimeHeadline
12/05/201309:04:04U.S. Hot Stocks Futures: Hot Stocks to Watch
11/15/201307:11:09AQR Capital Management 3Q 13F: Largest Purchases
11/15/201307:11:09AQR Capital Management 3Q 13F: Largest Purchases -2-
11/15/201306:57:24Millennium Management 3Q 13F: Holdings As Of Sep -2-
11/15/201306:57:23Millennium Management 3Q 13F: Holdings As Of Sep 30
11/14/201307:21:26GAMCO Asset Management Inc. 3Q 13F: Largest Purchases
11/14/201307:21:26GAMCO Asset Management Inc. 3Q 13F: Largest -2-
11/14/201307:21:23GAMCO Asset Management Inc. 3Q 13F: Holdings As -2-
11/14/201307:21:23GAMCO Asset Management Inc. 3Q 13F: Holdings As Of Sep 30
09/09/201317:26:09TECH STOCKS: Apple, Facebook Spur Tech Stocks; Molex Surges
09/09/201317:06:42MARKET SNAPSHOT: U.S. Stocks Jump; Dow Has Best Day In 8 Weeks
09/09/201315:48:14MARKET SNAPSHOT: U.S. Stock Indexes Ride Volatility Higher
09/09/201309:20:06Koch Agrees to Buy Molex for $7.2 Billion in Cash
04/23/201314:49:14TECH STOCKS: Netflix, Lexmark Soar, Leading Techs Higher
01/23/201316:31:55TECH STOCKS: Google, IBM Lift Tech Stocks; Apple On The Rise
01/23/201313:09:34TECH STOCKS: Google, IBM Lift Techs; Apple On The Rise
10/27/201017:09:39TECH STOCKS: Earnings Reports Lead To Tech Gains
10/27/201012:31:07TECH STOCKS: Oracle-SAP Dispute Leads Tech Drama
10/26/201017:39:47Molex Swings To 1Q Profit; Revenue Jumps 33%
04/09/201014:04:13Molex Says Employee Got $175 Million In Unauthorized Loans In...

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