Merix lost $9.6 million on revenues of $87 million in 2002, and followed that with losses of $30 million in 2003 on revenues of $95 million.
The company Merix experienced significant financial difficulties in 2002, posting a loss of $9.6 million despite revenues of $87 million. This was followed by an even more substantial loss of $30 million in 2003, despite revenues of $95 million.