SMTC Corporation Announces Completion of Investment by H.I.G. Capital Creating a Stronger EMS Platform to Support Customers TORONTO, April 05, 2021 (GLOBE NEWSWIRE) -- SMTC Corporation (Nasdaq:SMTX), a global electronics manufacturing services provider and past winner of Frost & Sullivan’s Best Practices Award for Customer Value Leadership in the Electronics Manufacturing Services Industry, today announced the completion of the transaction by an affiliate of H.I.G. Capital (“H.I.G.”), a leading global alternative investment firm with $43 billion of equity capital under management, that ...
Stockholders Approve SMTC Corporation’s Definitive Merger Agreement and Investment by H.I.G. Capital TORONTO, March 31, 2021 (GLOBE NEWSWIRE) -- SMTC Corporation (Nasdaq:) (“SMTC” or the “Company”), a global electronics manufacturing services provider and past winner of Frost & Sullivan’s Best Practices Award for Customer Value Leadership in the Electronics Manufacturing Services Industry, today announced that its stockholders at its special meeting held earlier today voted to adopt the previously announced definitive merger agreement, pursuant to which an affiliate of H.I.G. Capital, LLC...
SMTC Corporation Announces Fourth Quarter and Full Year 2020 Financial Results TORONTO, March 17, 2021 (GLOBE NEWSWIRE) -- SMTC Corporation (Nasdaq:SMTX), a global electronics manufacturing services provider and winner of Frost & Sullivan’s 2019 Best Practices Award for Customer Value Leadership in the Electronics Manufacturing Services Industry, today announced its fourth quarter and full year 2020 financial results. Fourth Quarter Financial Highlights Fourth quarter 2020 revenue was $101.3 million, up 12.3% vs. the prior year.EPS was ($0.13) compared to $0.04 in the prior year.Adjuste...
H.I.G. Capital Investing in SMTC Corporation to Support Customer Growth Stockholders to Receive $6.044 in Cash per Share TORONTO, Jan. 04, 2021 (GLOBE NEWSWIRE) -- SMTC Corporation (Nasdaq:) (“SMTC” or the “Company”), a global electronics manufacturing services provider and winner of Frost & Sullivan’s 2019 Best Practices Award for Customer Value Leadership in the Electronics Manufacturing Services Industry, today announced that it has entered into a definitive merger agreement (the “Merger Agreement”) with an affiliate of H.I.G. Capital (“H.I.G.”), a leading global alternative investmen...
SMTC Corporation to Manufacture Aura V Ventilators in Battle to Combat COVID-19 TORONTO, Nov. 16, 2020 (GLOBE NEWSWIRE) -- SMTC Corporation (Nasdaq:), a global electronics manufacturing services provider and winner of Frost & Sullivan’s 2019 Best Practices Award for Customer Value Leadership in the Electronics Manufacturing Services Industry, today announced that the Company will produce Aura V ventilators for its customer IPM Chirana. “With the number of COVID-19 cases continuing to rise, we are pleased that we are able to draw on experience in building complex equipment that will perfo...
SMTC Corporation to Participate in the 11th Annual Craig-Hallum Alpha Select Conference on November 17, 2020 TORONTO, Nov. 10, 2020 (GLOBE NEWSWIRE) -- SMTC Corporation (Nasdaq:), a global electronics manufacturing services provider and winner of Frost & Sullivan’s 2019 Best Practices Award for Customer Value Leadership in the Electronics Manufacturing Services Industry, today announced that the Company will participate in the 11th Annual Craig-Hallum Alpha Select Conference being held virtually on Tuesday, November 17, 2020. Ed Smith, President and Chief Executive Officer of SMTC, and S...
SMTC Corporation to Participate in the 2020 Southwest IDEAS Investor Conference on November 18-19, 2020 TORONTO, Nov. 09, 2020 (GLOBE NEWSWIRE) -- SMTC Corporation (Nasdaq:), a global electronics manufacturing services provider and winner of Frost & Sullivan’s 2019 Best Practices Award for Customer Value Leadership in the Electronics Manufacturing Services Industry, today announced that the Company will participate in the 2020 Southwest IDEAS Investor Conference being held virtually on November 18-19, 2020. Ed Smith, President and Chief Executive Officer of SMTC, and Steve Waszak, the co...
SMTC Corporation Announces Third Quarter Results TORONTO, Nov. 04, 2020 (GLOBE NEWSWIRE) -- SMTC Corporation (Nasdaq:), a global electronics manufacturing services provider and winner of Frost & Sullivan’s 2019 Best Practices Award for Customer Value Leadership in the Electronics Manufacturing Services Industry, today announced its third quarter 2020 results. Business Highlights Third quarter 2020 revenue of $99.5 million, up 10.1% vs. the prior quarter and 12.3% vs. the prior yearEPS was $0.04 and Adjusted EPS was $0.13, compared to $0.03 and $0.08 in the prior quarter, respectivelyNet...
SMTC Corporation to Announce Third Quarter Results on November 4, 2020 TORONTO, Oct. 26, 2020 (GLOBE NEWSWIRE) -- SMTC Corporation (Nasdaq:), a global electronics manufacturing services provider and winner of Frost & Sullivan’s 2019 Best Practices Award for Customer Value Leadership in the Electronics Manufacturing Services Industry, today announced it will report its third quarter 2020 results on Wednesday, November 4, 2020 after the market close and host a conference call the following morning on Thursday, November 5, 2020 at 8:30 am ET. The conference call will be accessible over the ...
SMTC Corporation COO, Rich Fitzgerald, Appointed to the Executive Committee of the Association of Manufacturing Excellence (AME) Board of Directors TORONTO, Sept. 24, 2020 (GLOBE NEWSWIRE) -- SMTC Corporation (Nasdaq:SMTX), a global electronics manufacturing services provider and winner of Frost & Sullivan’s 2019 Best Practices Award for Customer Value Leadership in the Electronics Manufacturing Services Industry, announced today that Rich Fitzgerald, SMTC’s Chief Operating Officer, has been appointed to the Executive Committee of the Association of Manufacturing Excellence (AME) Board of...
SMTC Corporation Announces Production Ramp Up for Violet Defense’s COVID-19 Disinfecting Equipment TORONTO, Sept. 01, 2020 (GLOBE NEWSWIRE) -- SMTC Corporation (Nasdaq:SMTX), a global electronics manufacturing services provider and winner of Frost & Sullivan’s 2019 Best Practices Award for Customer Value Leadership in the Electronics Manufacturing Services Industry, announced today that has awarded SMTC Corporation a multi-million dollar, multi-year contract to build their pulsed Xenon UV disinfection devices, which utilize UV-C, UV-B, and UV-A to kill up to 99.9% of bacteria and viruses...
SMTC Corporation to Participate in the 9th Annual Gateway Conference on Sept. 9-10, 2020 TORONTO, Aug. 24, 2020 (GLOBE NEWSWIRE) -- SMTC Corporation (Nasdaq:SMTX), a global electronics manufacturing services provider and winners of Frost & Sullivan’s 2019 Best Practices Award for Customer Value Leadership in the Electronics Manufacturing Services Industry, today announced that SMTC will participate in the 9th Annual Gateway Conference being held virtually on Sept. 9-10, 2020. Ed Smith, President and Chief Executive Officer of SMTC, and Steve Waszak, the company’s Chief Financial Officer,...
SMTC Corporation Announces Second Quarter Results TORONTO, Aug. 05, 2020 (GLOBE NEWSWIRE) -- SMTC Corporation (Nasdaq:), a global electronics manufacturing services provider and winners of Frost & Sullivan’s 2019 Best Practices Award for Customer Value Leadership in the Electronics Manufacturing Services Industry, today announced its second quarter 2020 results. Business Highlights Second quarter 2020 revenue of $90.4 millionEPS was $0.03 and Adjusted EPS was $0.08Net Income was $1.0 million, EBITDA was $5.8 million and Adjusted EBITDA was $6.4 millionContinued to gain market share with...
SMTC Corporation to Announce Second Quarter Results on August 5, 2020 TORONTO, July 22, 2020 (GLOBE NEWSWIRE) -- SMTC Corporation (Nasdaq:), a global electronics manufacturing services provider and winners of Frost & Sullivan’s 2019 Best Practices Award for Customer Value Leadership in the Electronics Manufacturing Services Industry, today announced it will report its second quarter 2020 results on Wednesday, Aug. 5, 2020 after the market close and host a conference call the following morning on Thursday, Aug. 6 2020 at 8:30 am ET. The conference call will be accessible over the internet...
SMTC Corporation to Participate in the 17th Annual Craig-Hallum Institutional Investor Conference on May 27 TORONTO, May 13, 2020 (GLOBE NEWSWIRE) -- SMTC Corporation (Nasdaq:), a global electronics manufacturing services provider and winner of the Frost & Sullivan’s 2019 Best Practices Award for Customer Value Leadership in the Electronics Manufacturing Services Industry, today announced that SMTC will participate in the 17th Annual Craig-Hallum Institutional Investor Conference being held virtually on Wednesday, May 27, 2020. Ed Smith, President and Chief Executive Officer of SMTC, and...
SMTC Corporation Announces First Quarter Results TORONTO, May 06, 2020 (GLOBE NEWSWIRE) -- SMTC Corporation (Nasdaq:), a global electronics manufacturing services provider and winners of Frost & Sullivan’s 2019 Best Practices Award for Customer Value Leadership in the Electronics Manufacturing Services Industry, today announced first quarter 2020 results. Business Highlights First quarter 2020 revenue of $95.1 million represents a 5.4% sequential increaseStable customer demand in nearly all markets servedAdded four new customers in the first quarterAwarded new programs from new and exis...
SMTC Corporation to Participate in Oppenheimer 5th Annual Emerging Growth Conference on May 12, 2020 TORONTO, May 05, 2020 (GLOBE NEWSWIRE) -- SMTC Corporation (Nasdaq:), a global electronics manufacturing services provider and winner of the Frost & Sullivan’s 2019 Best Practices Award for Customer Value Leadership in the Electronics Manufacturing Services Industry, today announced that SMTC will participate in the Oppenheimer 5th Annual Emerging Growth Conference, on May 12, 2020 in New York City, being held virtually. Ed Smith, President and Chief Executive Officer of SMTC, and Steve W...
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