Anaheim printed circuit board maker DDi Corp. reported higher third-quarter sales and a lessened loss on Wednesday.
DDi, which makes circuit boards on quick notice for computer makers and others, reported quarterly sales of $51.4 million, up 11.7% from a year earlier.
The company’s net loss was $4.5 million, vs. $27 million a year earlier.
Earnings before charges and other items were $4.7 million, up 78% from a year earlier. DDi’s gross profit was 17.7% percent of sales in the quarter, up from 14.2% a year earlier.
In the quarter, DDi sold its assembly business to Escondido’s Veritek Manufacturing Services LLC for $12 million.
DDi also acquired Ohio circuit board maker Sovereign Circuits Inc. during the quarter.
