SigmaTron slumps after quarterly net sales miss

SigmaTron International

11/09/2023 13:50

** Shares of electronic manufacturing services provider
SigmaTron  SGMA.O  drop 41.45% to $4.45 premarket
    ** Co reports Q1 FY24 net sales of $98.1 mln vs. $105.2 mln
a year ago
    ** Co's Q1 net income falls to 4 cents/shr vs. 22 cents/shr,
a year earlier
    ** YTD, SGMA up 97.92% till last close

 (Reporting by Abhinav Parmar in Bengaluru)
 ((Abhinav.Parmar@thomsonreuters.com))