SigmaTron International (SGMA) News & Sentiment

In the second quarter of fiscal 2025, SGMA reported a loss of $1.55 per share due to falling revenue and supply chain issues. However, the company is focusing on strategic actions to recover and grow in the future.

SGMA incurs a loss of $1.55 per share in the second quarter of fiscal 2025 amid revenue decline and supply chain challenges but highlights strategic moves for recovery and future growth.

SGMA International (SGMA, Financial) experienced a significant stock movement with a 5.33% decline, bringing its share price to $3.02. The trading volume reached 23,606 shares with a turnover rate of 0.39% and a price fluctuation of 5.33%.

SGMA incurs a fiscal Q1 loss of 54 cents per share, with revenues down 14% due to soft demand, though management anticipates improvement by Q4.

ELK GROVE VILLAGE, Ill., Sept. 19, 2024 (GLOBE NEWSWIRE) -- SigmaTron International, Inc. (NASDAQ: SGMA), an electronic manufacturing services company, today reported revenues and earnings for the fiscal quarter ended July 31, 2024.

SGMA incurs a fiscal Q4 loss as revenues fall 25% due to reduced demand and supply chain issues. Cost-cutting measures and loan renegotiations aim to stabilize operations.

Discover why Zacks has given SigmaTron an "Underperform" rating, being the first on Wall Street to initiate coverage on the stock. Uncover how high debt, inventory declines and customer dependence overshadow the company's recent financial rebounds and strategic shifts.