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BRIEF-Sigmatron International Reports Q1 Loss Per Share $0.12

Published 2018-09-12, 02:35 p/m
BRIEF-Sigmatron International Reports Q1 Loss Per Share $0.12
SGMA
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Sept 12 (Reuters) - SigmaTron International Inc SGMA.O :

* SIGMATRON INTERNATIONAL, INC. REPORTS FIRST QUARTER FINANCIAL RESULTS FOR FISCAL 2019

* Q1 REVENUE $71.4 MILLION VERSUS $71.2 MILLION

* Q1 LOSS PER SHARE $0.12

* SIGMATRON - U.S.-CHINA TRADE WAR NEGATIVELY IMPACTED RESULTS IN QUARTER, WILL CONTINUE TO IMPACT FISCAL 2019 IF NOT RESOLVED SOON

* SIGMATRON INTERNATIONAL - CONTINUING VOLATILE MARKETPLACE FOR ELECTRONIC COMPONENTS CONTINUED TO NEGATIVELY AFFECT PRODUCTION, REVENUE IN Q1

* SIGMATRON - TRADE WAR WITH CHINA, NEGOTIATIONS WITH MEXICO AND CANADA ON TRADE, REMAIN A "WILD CARD"

* BACKLOG REMAINS STRONG, IF ABLE TO GET REQUIRED ELECTRONIC COMPONENTS TIMELY, CO SEES POSITIVE REVENUE GROWTH DURING Q2

* SIGMATRON - CUSTOMERS DISCUSSING ALTERNATIVE SUPPLY CHAIN SOLUTIONS FOR THEIR BUSINESS IF THEY HAD BEEN/WILL BE AFFECTED BY TARIFFS

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