Sigmatron International reports Q2 EPS 14c vs 69c last year

Reports Q2 revenue $108.677M vs $100.216M last year. Commenting on SigmaTron’s second quarter, fiscal 2023 results, Gary Fairhead, Chief Executive Officer and Chairman of the Board, said "I’m pleased to report another solid quarter for fiscal 2023. Our pre-tax profit was $2,127,839, was slightly better than our first quarter for fiscal 2023. However, the inclusion of Wagz for our second quarter and six months ending October 31, 2022, makes comparisons between this year and last year difficult. In addition, as reported in our press release on September 12, 2022, the first quarter of last year included a one time gain from the forgiveness of the PPP loan of $6,282,973. Our EMS segment reported pre-tax income in our second quarter that was $729,329 higher than the first quarter, in this fiscal year.