Sigmatron International Q1 EPS $(0.54) Down From $0.04 YoY, Sales $84.78M Down From $98.13M YoY
Portfolio Pulse from Benzinga Newsdesk
Sigmatron International reported a significant decline in Q1 earnings and sales, with EPS dropping from $0.04 to $(0.54) and sales decreasing from $98.13M to $84.78M year-over-year.
September 19, 2024 | 12:34 pm
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Sigmatron International's Q1 results show a drastic decline in both earnings and sales, with EPS plummeting from $0.04 to $(0.54) and sales falling from $98.13M to $84.78M year-over-year.
The significant drop in EPS and sales indicates potential financial struggles or market challenges for Sigmatron International. Such a drastic decline is likely to negatively impact investor sentiment and the stock price in the short term.
CONFIDENCE 100
IMPORTANCE 90
RELEVANCE 100