Sigmatron International, Inc. (SGMA) Reports Q1 Loss of $0.02
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Sigmatron International, Inc. (NASDAQ: SGMA) reported Q1 EPS of ($0.02), versus $0.06 reported last year. Revenue for the quarter came in at $47.6 million, versus $38.9 million reported last year.
In comments the company said, "We continue to see a choppy and volatile general economy. International events and our upcoming election in the United States have caused the economy to be managed cautiously, and we are taking the same approach. Until the economy strengthens, we expect continuing margin pressures and we plan to focus on opportunities to add new revenue and control expenses. Our results, given the one-time expenses incurred during the quarter, lead us to believe we are heading in the right direction, strategically and operationally."
For earnings history and earnings-related data on Sigmatron International, Inc. (SGMA) click here.
In comments the company said, "We continue to see a choppy and volatile general economy. International events and our upcoming election in the United States have caused the economy to be managed cautiously, and we are taking the same approach. Until the economy strengthens, we expect continuing margin pressures and we plan to focus on opportunities to add new revenue and control expenses. Our results, given the one-time expenses incurred during the quarter, lead us to believe we are heading in the right direction, strategically and operationally."
For earnings history and earnings-related data on Sigmatron International, Inc. (SGMA) click here.
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