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M-Wave Announces Third Quarter 2003 Financial Results
November 19, 2003 |Estimated reading time: Less than a minute
West Chicago, Ill. — M-Wave Inc. announces net sales of $3.5 million for the quarter ended September 30, 2003 and a net loss of $3 million, or 69 cents per share compared to net sales of $3.8 million and a net loss of $3.3 million, or 75 cents per share for the quarter ended September 30, 2002.
Net sales were $10.9 million, with a net loss of $11.4 million, or $2.56 per share for the nine months ended September 30, 2003, compared to net sales of $19.4 million and net loss of $3 million, or 67 cents per share for the nine months ended September 30, 2002.
M-Wave is a value-added service provider of high performance circuit boards. For more information, visit www.mwav.com.