SMTC Corporation (NASDAQ:SMTX) is reporting third quarter earnings results on Wednesday 4th November 2020, after market close.
The consensus estimates from Thomson Reuters are income of $ 0.02 per share.
For the full year, analysts predict revenues of $ 383.23 million, while looking forward to income of $ 0.18 per share.
The Company Outlook
Full Year 2020 topline are forecasted in a range of$ 390.00 million ~ $ 410.00 million
Click Here For More Historical Outlooks Of SMTC Corporation
Previous Quarter Performance
SMTC Corporation revealed income for the second quarter of $ 0.08 per share, from the revenue of $ 90.41 million. The consensus estimates are $ 96.96 million in revenue The top line results fell short of analysts by $ 6.55 million or 6.76 percent.
Stock Performance
Shares of SMTC Corporation traded up $ 0.06 or 1.73 percent on Tuesday, reaching $ 3.52 with volume of 39.70 thousand shares. SMTC Corporation has traded high as $ 3.58 and has cracked $ 3.50 on the downward trend
According to the previous trading day, closing price of $ 3.52, representing a 162.12 % increase from the 52 week low of $ 1.32 and a 17.42 % decrease over the 52 week high of $ 4.19.
The company has a market capital of $ 99.32 million and is part of the Technology sector and Contract Manufacturers industry.
SMTC Corporation provides electronics manufacturing services worldwide. The company offers end-to-end electronics manufacturing services, including product design and engineering; printed circuit board assembly; production, enclosure, cable assembly, and precision metal fabrication; systems integration and testing; and configuration to order, build to order, and direct order fulfillment services. It provides integrated contract manufacturing services to original equipment manufacturers and technology companies primarily in the test and measurement, retail and payment systems, telecom, networking and communications, medical, industrial, power and clean technology, semiconductor, and defense and aerospace market sectors.
