Pulse Reports Sales Gain

Pulse Electronics Corporation (NYSE:PULS), a leading provider of electronic components, today reported results for its third quarter ended September 27, 2013. Third Quarter Highlights Net sales were $94.8 million, up 7.5% from $88.2 million in the prior-year quarter, and up 7.5% from $88.3 million in the second quarter. Operating profit (U.S. GAAP) was $0.5 million…

Winchester Acquires SRC Cables

Winchester Electronics Corporation (“Winchester”), a portfolio company of Audax Private Equity (“Audax”), announced it has completed the acquisition of SRC Cables, Inc. (“SRC”). Headquartered in Santa Rosa, California, SRC is a producer of high performance flexible and semi-rigid cable assemblies. Its products are used in the test and measurement, datacom, military and aerospace, and medical…

TowerJazz Q3 Loss Widens on Sales Decline

Tower Semiconductor Ltd. posted a wider loss in the third quarter, hammered by declining revenue and amortization charges although the company said its financial results improved sequentially, continuing a trend that began earlier in the year. The Israeli chipmaker reported its net loss expanded to $31.8 million in the third quarter ended Sept. 30 from…