Brief: ABC Technologies Holdings Inc Reports Q1 Fiscal 2022 Results

ABC Technologies Holdings

11/11/2021 12:35

Nov 11 (Reuters) - Abc Technologies Holdings Inc  ABCT.TO :
    * . REPORTS Q1 FISCAL 2022 RESULTS
    * Q1 FISCAL 2022 REVENUE DECLINED TO $163.4 MILLION FROM
$258.4
MILLION IN THE PRIOR YEAR PERIOD
    * ABC TECHNOLOGIES - QTRLY REVENUE DECLINED DUE TO ONGOING
PRODUCTION STOPPAGES AT OUR OEM CUSTOMERS BROUGHT ON BY GLOBAL
SEMICONDUCTOR SHORTAGES
    * Q1 EARNINGS PER SHARE VIEW $-0.15, REVENUE VIEW $193.4
MILLION
-- REFINITIV IBES DATA
    * SALES WERE $163.4 MILLION FOR Q1 FISCAL 2022 COMPARED WITH
$258.4 MILLION FOR Q1 FISCAL 2021
    * NOT PRUDENT TO PROVIDE FINANCIAL GUIDANCE AT THIS TIME
    * QTRLY LOSS PER SHARE $0.54
    * QTRLY LOSS PER SHARE BASIC AND DILUTED $0.54

Source text for Eikon:  ID:nBw5tyyfNa 
Further company coverage:  ABCT.TO 

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