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Viasystems' loss widens in Q3

2014-11-10 18:40:04| Electronics - Topix.net

"We had to overcome several challenges, including a temporary work stoppage by employees in our largest factory in China, a sudden downturn of demand for products assembled in our Juarez, Mexico factory, and a temporary disruption in the supply chain for certain raw materials used to produce our printed circuit boards," David M. Sindelar , chief executive officer of Viasystems, said in a statement. "While I believe we have already taken all the actions needed to resolve these issues, each of these challenges had adverse impacts on our net sales and our earnings during the quarter."

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TTM to buy rival circuit board maker Viasystems

2014-09-22 16:11:28| Electronics - Topix.net

TTM Technologies Inc. said Monday that it plans to buy rival circuit board maker Viasystems Group Inc. for about $368 million in cash and stock. TTM, which makes circuit boards used in cellphones, medical devices and tablets, said it is buying Viasystems to expand into the auto industry.

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Viasystems narrows loss in 2Q

2014-08-06 05:27:48| Electronics - Topix.net

Viasystems Group Inc. reported a second-quarter loss of $3.6 million, narrower than the $10.2 million loss it reported in the same period last year.

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Viasystems Announces the Receipt of Requisite Consents in Consent...

2014-04-10 03:40:44| Electronics - Topix.net

Viasystems Group, Inc. announced today that its wholly owned subsidiary Viasystems, Inc. has received the Requisite Consents from holders of its outstanding 7.875% Senior Secured Notes due 2019 to execute the supplemental indenture for the Notes containing the proposed amendment .

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ViaSystems Group (VIAS) Posts Quarterly Earnings, Misses Estimates By $0.34 EPS

2013-11-06 19:27:56| Electronics - Topix.net

ViaSystems Group released its earnings data on Wednesday. The company reported EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.03 by $0.34, Analyst Ratings.Net reports.

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