SigmaTron Incurs Q4 Loss, Revenues Drop on Weak Demand
SigmaTron International(SGMA) ZACKS·2024-09-04 23:56
SigmaTron International, Inc. (SGMA) reported a challenging fourth quarter of fiscal 2024. 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 highlig ...