SigmaTron International FY24 Revenues From Continuing Operations $373.9M, Down From $414.4M YoY; EPS $(0.41) vs $2.34 YoY
Portfolio Pulse from Benzinga Newsdesk
SigmaTron International reported a decrease in FY24 revenues from continuing operations to $373.9 million, down from $414.4 million year-over-year. The company also reported an EPS of $(0.41), a significant drop from $2.34 in the previous year.
September 03, 2024 | 12:08 pm
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NEGATIVE IMPACT
SigmaTron International's FY24 financial results show a decline in revenues and a significant drop in EPS, indicating potential financial challenges.
The significant decrease in both revenues and EPS suggests financial difficulties, which could negatively impact investor sentiment and the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100