Sigmatron International ( (SGMA) ) has released a notification of late filing.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
SigmaTron International, Inc. has filed a Form 12b-25, notifying of a delay in its Form 10-K (Yearly Report) for the financial period ending April 30, 2025. The delay is primarily due to the company finalizing a Merger Agreement with Transom Axis AcquireCo, LLC, which has necessitated additional time to complete year-end procedures. SigmaTron anticipates filing the report within 15 calendar days following the due date. The company expects a significant decrease in revenues, projecting a drop to $305 million from $374 million the previous year, with these figures being preliminary estimates subject to change. The notification is signed by Frank J. Cesario, the Chief Financial Officer, who assures ongoing compliance efforts.
Spark’s Take on SGMA Stock
According to Spark, TipRanks’ AI Analyst, SGMA is a Neutral.
Sigmatron International’s overall stock score is primarily influenced by the significant corporate event of the merger with Transom Capital, which provides a positive outlook despite financial challenges. The strong technical indicators support the score, though the poor valuation due to negative earnings detracts from the overall attractiveness.
To see Spark’s full report on SGMA stock, click here.
More about Sigmatron International
Average Trading Volume: 428,240
Technical Sentiment Signal: Hold
Current Market Cap: $18.48M
See more data about SGMA stock on TipRanks’ Stock Analysis page.