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FLEX - Flex News Story

$17.42 0.7  4.2%

Last Trade - 13/05/21

Large Cap
Market Cap £5.94bn
Enterprise Value £6.76bn
Revenue £17.17bn
Position in Universe 1021st / 6856

BUZZ-Sigmatron International: Jumps on posting quarterly profit

Wed 24th July, 2019 5:46pm
** Shares of electronic manufacturing services provider
 SGMA.O  jump as much as 39% at $3.69, hitting a 7-month high,
after posting strong Q4 results
    ** Stock now up ~19% at $3.17
    ** Co posts a profit of 23 cents/shr vs. a loss of $1.04/shr
a year earlier, helped by higher sales and improved pricing
    ** SGMA among top percentage gainers across all exchanges 
    ** Stock set for its biggest one-day percentage gain in
about five years
    ** Peers Benchmark Electronics Inc  BHE.N , Sanmina Corp
 SANM.O , Flex Ltd  FLEX.O  all up between 0.6% and 1% 
    ** Including session's gains, SGMA up ~35% this year,
compared with a 24% rise in the Nasdaq industrial index  .IXID 
in the same time

 (Reporting by C Nivedita in Bengaluru)
 ((C.Nivedita@thomsonreuters.com; +1 646 223 8780 ;))
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