Schmitt Industries: Jumps on Q4 profit vs. year-ago loss, higher sales
19/07/2018 12:37
** Industrial equipment maker's SMIT.O shares jump 44 pct
premarket to $3.38
** Co posts a profit in Q4 vs. a loss in the year-ago
quarter, sales rise 4 pct on higher demand across segments
urn:newsml:reuters.com:*:nGNXsTnRT
** SMIT top gainer among U.S.-listed stocks; more than 31k
shares change hands premarket, about 5x their 25-DMA vol
** SMIT set to more than erase YTD losses of ~14 pct
(Reporting by Shreyashi Sanyal in Bengaluru)
((RM: Shreyashi.Sanyal.thomsonreuters.com@reuters.net))
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