Sigmatron International Q2 EPS $0.00, Sales $98.70M Down From $108.68M YoY
Portfolio Pulse from Benzinga Newsdesk
Sigmatron International (NASDAQ:SGMA) reported a decrease in sales for Q2, with earnings per share (EPS) at $0.00 and sales totaling $98.70M, down from $108.68M year-over-year (YoY).
December 08, 2023 | 1:03 pm
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Sigmatron International reported a 9.18% decrease in sales for Q2 compared to the same period last year, with EPS at $0.00.
The reported decrease in sales is a negative indicator that may concern investors and could lead to a short-term negative impact on the stock price. The EPS being at $0.00 suggests no growth in profitability, which could further contribute to a negative perception among investors.
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