News & Highlights
Strong Global Demand Leads to Record Sales in 2016
Marlborough, MA – March 28, 2017 – DownStream Technologies, LLC a leading supplier of PCB post-processing solutions, announced today that sales revenue increased by 15% overall in 2016 as compared to 2015. The driving factor behind these strong numbers was a continued demand across the entire product line including a 50% increase in sales from DFMStream® and a 33% increase from BluePrint-PCB®, as both products continue to lead the industry in their respective categories.
By region, the company was pleased to announce a 46% sales increase in Asia, a 10% increase in the United States and European sales coming in even as compared to 2015.
"We are extremely pleased with our financial performance in 2016. We credit our success to our model of constant product improvement and leadership in the marketplace, as well as increased adoption of DFM technology within the mainstream PCB design market," said Rick Almeida, one of DownStream's Founders. "We also saw a strong increase in performance from our partnership licensing model," he added.
DownStream is cautiously optimistic for 2017. "We are off to a strong start in 2017, with our commitment to delivering customer-focused solutions continuing to pay dividends," said Almeida.
DownStream also reported a record 66% increase in profit margin as the company maintained expenses in 2015. "Even with continued growth, our strategy of maintaining a streamlined and nimble company structure has positioned us for continued growth," said Almeida.