Welcome to our dedicated page for Sigmatron Intl news (Ticker: SGMA), a resource for investors and traders seeking the latest updates and insights on Sigmatron Intl stock.
SigmaTron International, Inc. (formerly Nasdaq: SGMA) is an independent electronic manufacturing services (EMS) company headquartered in Elk Grove Village, Illinois. News related to SigmaTron has focused on its EMS operations, financial performance, strategic initiatives and, more recently, its acquisition by an affiliate of Transom Capital Group.
Company press releases have regularly reported quarterly and annual financial results, including trends in revenues, profitability, cost structure changes and inventory management. These updates provide context on SigmaTron’s EMS activities, which encompass printed circuit board assemblies, electro-mechanical subassemblies and box-build electronic products produced at facilities in the United States, Mexico, China and Vietnam, supported by an International Procurement Office and Compliance and Sustainability Center in Taipei, Taiwan.
Another important category of news involves SigmaTron’s capital structure and listing status. Releases have discussed matters such as compliance with Nasdaq Listing Rule 5250(c)(1) related to timely SEC filings, as well as the engagement of advisors for strategic alternatives and efforts to address leverage. In 2025, news coverage highlighted the entry into a merger agreement with Transom Axis AcquireCo, LLC, the commencement and expiration of a tender offer for all outstanding SigmaTron shares, and the subsequent completion of the acquisition.
Following the closing of the transaction on July 28, 2025, SigmaTron announced that its common stock had ceased trading and would no longer be publicly listed, reflecting its transition to a wholly owned subsidiary of an affiliate of Transom Capital Group. For readers reviewing SGMA news, this page serves as an archive of historical announcements on operations, financial results, listing matters and the take-private transaction.
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On March 23, 2023, SigmaTron International received a notification from Nasdaq indicating non-compliance with listing requirements due to the late filing of its Form 10-Q for the quarter ending January 31, 2023. This delay is attributed to necessary impairment assessments related to its Pet Tech subsidiary, Wagz, Inc., alongside ongoing negotiations with J.P. Morgan Chase Bank and TCW Asset Management for loan covenant defaults. SigmaTron must submit a compliance plan by May 22, 2023; if accepted, Nasdaq may grant an extension to regain compliance until September 13, 2023.
SigmaTron International, Inc. (NASDAQ: SGMA) has appointed John P. Sheehan as President of EMS Operations effective January 4, 2023. With a long tenure at the company since 1986, Sheehan has substantial experience in supply chain management and customer relations. His promotion comes amidst ongoing supply chain challenges during the pandemic. CEO Gary Fairhead expressed confidence in Sheehan's capability to drive growth and value creation for stakeholders. SigmaTron operates in electronic manufacturing services and pet technology, with facilities in the U.S., Mexico, China, and Vietnam.
SigmaTron International (NASDAQ: SGMA) reported a revenue increase of $8.5 million, or 8%, reaching $108.7 million for Q2 FY2023, despite a net income decline to $871,872 compared to $3.15 million in the prior year. For the first half of FY2023, revenues rose 11.5% to $214.2 million, while net income plummeted to $2.25 million from $11.95 million the previous year. CEO Gary R. Fairhead noted strong EMS backlog but acknowledged challenges from supply chain volatility and a slowing macro economy. Wagz, their Pet Tech division, faces short-term losses but potential long-term growth.
SigmaTron International, Inc. (NASDAQ: SGMA) reported a 23% revenue increase for Q1 fiscal 2023, totaling $105.5 million, up from $85.7 million a year prior. However, net income sharply declined to $1.4 million from $8.8 million, which included a one-time PPP loan forgiveness in the previous year. The company faces ongoing supply chain challenges impacting cash flow and manufacturing efficiency. Despite setbacks, the EMS segment backlog remains strong, and optimism is noted for the pet tech segment, including the Freedom Smart Dog Collar™, amidst expected losses.
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