Brief: Sigmatron International Reports Q1 Loss Per Share $0.12

SigmaTron International

12/09/2018 19:35

Sept 12 (Reuters) - SigmaTron International Inc  SGMA.O :
    * SIGMATRON INTERNATIONAL, INC. REPORTS FIRST QUARTER
FINANCIAL
RESULTS FOR FISCAL 2019
    * Q1 REVENUE $71.4 MILLION VERSUS $71.2 MILLION
    * Q1 LOSS PER SHARE $0.12
    * SIGMATRON - U.S.-CHINA TRADE WAR NEGATIVELY IMPACTED
RESULTS IN
QUARTER, WILL CONTINUE TO IMPACT FISCAL 2019 IF NOT RESOLVED
SOON
    * SIGMATRON INTERNATIONAL - CONTINUING VOLATILE MARKETPLACE
FOR
ELECTRONIC COMPONENTS CONTINUED TO NEGATIVELY AFFECT PRODUCTION,
REVENUE IN Q1
    * SIGMATRON - TRADE WAR WITH CHINA, NEGOTIATIONS WITH MEXICO
AND
CANADA ON TRADE, REMAIN A "WILD CARD"
    * BACKLOG REMAINS STRONG, IF ABLE TO GET REQUIRED ELECTRONIC
COMPONENTS TIMELY, CO SEES POSITIVE REVENUE GROWTH DURING Q2
    * SIGMATRON - CUSTOMERS DISCUSSING ALTERNATIVE SUPPLY CHAIN
SOLUTIONS FOR THEIR BUSINESS IF THEY HAD BEEN/WILL BE AFFECTED
BY TARIFFS

Source text for Eikon:  ID:nGNX6c6pmZ 
Further company coverage:  SGMA.O 

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