A Director at SMTC Corp (SMTX) is Buying Shares


Today, a Director at SMTC Corp (NASDAQ: SMTX), Frederick Gerald Wasserman, bought shares of SMTX for $26.64K.

This recent transaction increases Frederick Gerald Wasserman’s holding in the company by 33.33% to a total of $129.8K. In addition to Frederick Gerald Wasserman, 3 other SMTX executives reported Buy trades in the last month.

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Based on SMTC Corp’s latest earnings report for the quarter ending June 30, the company posted quarterly revenue of $44.48 million and GAAP net loss of $97K. In comparison, last year the company earned revenue of $33 million and had a GAAP net loss of $6.01 million. Currently, SMTC Corp has an average volume of 4,324.

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SMTC Corp. engages in the provision of end-to-end electronics manufacture services. It services include product design and engineering services, printed circuit board assembly, production, enclosure, cable assembly, precision metal fabrication, systems integration and comprehensive testing services, configuration to order, build to order, and direct order fulfillment. It operates through the following geographical segments: Mexico, United States, and China. The company was founded in 1985 and is headquartered in San Jose, CA.

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