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Stock impact report

SigmaTron Incurs Q4 Loss, Revenues Drop on Weak Demand [Yahoo! Finance]

SigmaTron International, Inc. (SGMA) 
US:NASDAQ Investor Relations: sigmatronintl.com/investor-relations
Company Research Source: Yahoo! Finance
It incurred a loss per share of 55 cents in the quarter under review against earnings of 87 cents per share in the same period last year. SigmaTron's revenues from continuing operations were $81.1 million, a 25% decrease compared to $108.3 million in the same period in 2023. The company incurred a net loss of $3.4 million for the quarter against a net income of $5.3 million in the prior-year period. Management highlighted several factors that contributed to the company's weak financial performance. These included a broad industry slowdown and the continued fallout from supply chain disruptions, which reduced customer demand and put pressure on the company's sales. SigmaTron International, Inc. Price, Consensus and EPS Surprise SigmaTron International, Inc. price-consensus-eps-surprise-chart | SigmaTron International, Inc. Quote SGMA's Quarterly Performance Overview The quarterly performance of SigmaTron paints a stark picture of the difficulties the company has faced. A re Show less Read more
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