SigmaTron International: Jumps on Q1 profit versus year-ago loss

SigmaTron International

11/09/2019 15:20

** Shares of the electronic manufacturing services provider
 SGMA.O  up 13.6% at $4.26
    ** Co reports Q1 profit of 9 cents/shr vs a year-ago loss of
12 cents/shr  urn:newsml:reuters.com:*:nGNX344Ywh
    ** Says Q1 results driven by improved pricing, productivity
    ** Based on current backlog co expects positive trend to
continue into Q2; flags industry uncertainty on US-China trade
war
    ** Stock has risen 59% YTD

 (Reporting by Sanjana Shivdas in Bengaluru)
 ((SanjanaSitara.Shivdas@thomsonreuters.com; within U.S. +1 646
223 8780, outside U.S. +91 80 6749 1642; Twitter:
@SanjanaShivdas;))