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Molex Inc


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Molex lowers outlook

Molex Inc. lowered its guidance for third-quarter earnings and revenues Thursday, citing a decline in demand from customers it serves in the telecommunications and automotive markets.

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Molex fourth-quarter profit rises to 29 cents a share

SAN FRANCISCO (MarketWatch) -- Molex Inc. said late Tuesday that its fiscal fourth-quarter profit rose to $52.6 million, or 29 cents a share, from $32.7 million, or 18 cents a share, in the year-ago period. Excluding one-time items, the company would have reported earnings of 41 cents a share. Revenue rose to $872 million from $791.8 million last year. Analysts surveyed by FactSet Research estimated...