SigmaTron Incurs Q4 Loss, Revenues Drop on Weak Demand
SGMASigmaTron 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 81.1million,a2581.1 million, a 25% decrease compared to 108.3 million in the same period in 2023. The company incurred a net loss of 3.4millionforthequarteragainstanetincomeof3.4 million for the quarter against a net income of 5.3 million in the prior-year period.Management highlight ...