{"id":3209,"date":"2023-04-09T07:38:31","date_gmt":"2023-04-09T14:38:31","guid":{"rendered":"https:\/\/parpro.com\/?p=3209"},"modified":"2024-05-23T14:44:42","modified_gmt":"2024-05-23T21:44:42","slug":"parpro-announces-record-high-q1-bookings","status":"publish","type":"post","link":"https:\/\/parpro.com\/2023\/04\/09\/parpro-announces-record-high-q1-bookings\/","title":{"rendered":"PARPRO Announces Record High Q1 Bookings"},"content":{"rendered":"<p><strong><img decoding=\"async\" class=\"size-full wp-image-3211 alignright\" src=\"https:\/\/parpro.com\/wp-content\/uploads\/2023\/04\/Q1_Results_2023.png\" alt=\"\" width=\"252\" height=\"142\" \/>Demand from new and existing customers continues to drive profitable growth<\/strong><\/p>\n<p><strong>Santa Ana, CA, April 10th, 2023 &#8212; PARPRO (4916:TW)<\/strong>, a full service Contract Manufacturing Services company specializing in electronics manufacturing services is pleased to announce record high bookings in the first quarter, the highest quarterly amount in PARPRO\u2019s history.\u00a0 The Q1 bookings include three significant accounts that alone total $26 Million from both newly acquired and repeat customers in the aerospace\/defense and gaming industries.\u00a0 This strong performance was attributed to PARPRO\u2019s success as a leading EMS solutions provider supporting vastly different markets in a diversity of projects, size, scope, and geographic locations.<\/p>\n<p>\u201cPARPRO started the year with solid momentum and a very strong backlog, and I\u2019m so pleased to have booked record results in Q1 despite the backdrop of a challenging macro environment.\u201d\u00a0 Said Thomas Sparrvik, CEO. \u201cWhile the global economy continues to experience some challenges under the weight of inflationary pressures and continued tight supply chains, I remain confident in our strategy and positioning to drive profitable growth, and positive in achieving our ambitious financial objective for 2023.\u201d<\/p>\n<p>PARPRO was selected for its capabilities of providing a high mix of complex electronic assemblies with highly specialized requirements, rigorous standards of reliability and quality and because of its expertise and proven track record that extends beyond traditional manufacturing.\u00a0 This has enabled us to successfully compete with some of the world\u2019s largest contract manufacturers thus winning new programs and expanding our customer base.<\/p>\n<p>Work under these contracts will be carried out at all 3 of PARPRO\u2019s manufacturing locations &#8211; \u00a0<a href=\"https:\/\/parpro.com\/parpro-technologies\/\">PARPRO Technologies<\/a>, California &#8211;\u00a0 <a href=\"https:\/\/parpro.com\/parpro-nevada\/\">PARPRO Nevada<\/a>, Henderson, Nevada &#8211; <a href=\"https:\/\/parpro.com\/parpro-mexico\/\">PARPRO Mexico<\/a>, Tijuana, Mexico.<\/p>\n<p><strong>About PARPRO<\/strong><br \/>\n<strong>PARPRO<\/strong> is a full service manufacturing company with an emphasis on EMS and OEM solutions. We offer comprehensive engineering-rich hardware systems with low-to-high volume manufacturing and integration\/test capabilities, and pride ourselves on delivering simple to complex solutions making our manufacturing offerings competitive at virtually any volume and with any sourcing strategy. We serve customers in the aerospace, gaming\/infotainment, telecommunications and industrial markets providing time savings and cost optimization by minimizing margin stacks throughout the value chain.\u00a0 PARPRO is a public company traded on the Taiwan Stock Exchange \u2013 PARPRO (4916:TW). For more information on investor relations reporting and regulatory information \u2013 please click here. For more information, press only: Justine Uyemura +1 (760) 649-6086 &#8211; <a href=\"mailto:juyemura@parpro.com\">juyemura@parpro.com<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Demand from new and existing customers continues to drive profitable growth Santa Ana, CA, April 10th, 2023 &#8212; PARPRO (4916:TW), a full service Contract Manufacturing Services company specializing in electronics manufacturing services is pleased to&#8230; <br \/><a class=\"read-more link-arrow\" title=\"FULL STORY\" href=\"https:\/\/parpro.com\/2023\/04\/09\/parpro-announces-record-high-q1-bookings\/\">Read More<\/a><\/p>\n","protected":false},"author":3,"featured_media":3694,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","footnotes":""},"categories":[11],"tags":[],"class_list":{"0":"post-3209","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-press","8":"entry"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.9 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>PARPRO Announces Record High Q1 Bookings | PARPRO<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/parpro.com\/2023\/04\/09\/parpro-announces-record-high-q1-bookings\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"PARPRO Announces Record High Q1 Bookings | PARPRO\" \/>\n<meta property=\"og:description\" content=\"Demand from new and existing customers continues to drive profitable growth Santa Ana, CA, April 10th, 2023 &#8212; PARPRO (4916:TW), a full service Contract Manufacturing Services company specializing in electronics manufacturing services is pleased to... 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