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BRIEF-ABC Technologies Holdings Inc Reports Q1 Fiscal 2022 Results

reuters.com · 11/11/2021 07:35
BRIEF-ABC Technologies Holdings Inc Reports Q1 Fiscal 2022 Results

- Abc Technologies Holdings Inc ABCT.TO:

  • . REPORTS Q1 FISCAL 2022 RESULTS

  • Q1 FISCAL 2022 REVENUE DECLINED TO $163.4 MILLION FROM $258.4 MILLION IN THE PRIOR YEAR PERIOD

  • ABC TECHNOLOGIES - QTRLY REVENUE DECLINED DUE TO ONGOING PRODUCTION STOPPAGES AT OUR OEM CUSTOMERS BROUGHT ON BY GLOBAL SEMICONDUCTOR SHORTAGES

  • Q1 EARNINGS PER SHARE VIEW $-0.15, REVENUE VIEW $193.4 MILLION -- REFINITIV IBES DATA

  • SALES WERE $163.4 MILLION FOR Q1 FISCAL 2022 COMPARED WITH $258.4 MILLION FOR Q1 FISCAL 2021

  • NOT PRUDENT TO PROVIDE FINANCIAL GUIDANCE AT THIS TIME

  • QTRLY LOSS PER SHARE $0.54

  • QTRLY LOSS PER SHARE BASIC AND DILUTED $0.54

Source text for Eikon: ID:nBw5tyyfNa

Further company coverage: ABCT.TO


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