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Sigmatron International Shares Jump As It Turn Arounds To Profit In Q4, Notes Margin Expansion

  • Sigmatron International Inc (NASDAQ: SGMAreported fourth-quarter FY21 revenue growth of 17.4% year-on-year to $76 million.
  • The gross margin expanded by 205 basis points 10.5%.
  • The operating margin expanded 251 basis points to 2.8%.
  • Sigmatron turned around and posted a net income of $1.6 million, translating to an EPS of $0.36. This compares to a net loss of $(-0.36) million and an EPS loss of $(0.09) a year ago.
  • Price action: SGMA shares traded higher by 9.38% at $5.95 on the last check Thursday.

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