SMTC Corporation Reports Third Quarter Results


 
Supplementary Information:
Reconciliation of Adjusted EBITDA 
  Three months ended   Nine months ended
      Note 1       Note 1
  September 29,
2019
  September 30,
2018
  September 29,
2019
  September 30,
2018
            
Net income (loss)$  (5,734) $  864  $  (6,991) $  775 
Add (deduct):           
Depreciation of property, plant and equipment1,649  883  4,902  2,426 
Amortization of Intangible assets1,844  -  5,532  - 
Interest2,679  485  8,349  1,195 
Income tax expense (recovery)(184) 145  606   405  
                       
EBITDA $   254     $   2,377     $   12,398     $   4,801  
                       
Add (deduct):                      
Stock compensation expense 353     75     538     278  
Fair value adjustment of warrant liability (858 )   -     (919 )   -  
Restructuring charges 6,454     58     8,624     154  
Merger and acquisitions related expenses 68     -     232     -  
Fair value adjustment of contingent consideration -     -     (3,050 )   -  
Unrealized foreign exchange gain                      
on unsettled forward exchange contracts -     (108 )   -     (338 )
                       
Adjusted EBITDA $   6,271     $   2,402     $   17,823     $   4,895  
                       
Adjusted EBITDA Percentage 7.1 %   4.5 %   6.3 %   3.6 %
                       
Note 1:  Reflects historical SMTC results as filed

« Previous Page 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12  Next Page »
Featured Video
Editorial
Jobs
Business Development Manager for Berntsen International, Inc. at Madison, Wisconsin
Upcoming Events
Consumer Electronics Show 2025 - CES 2025 at Las Vegas NV - Jan 7 - 10, 2025
Collaborate North America 2025 at Novi MI - Jan 28, 2025
Celebrate Manufacturing Excellence at Anaheim Convention Center Anaheim CA - Feb 4 - 6, 2025
3DEXPERIENCE World 2025 at George R. Brown Convention Center Houston TX - Feb 23 - 26, 2025



© 2024 Internet Business Systems, Inc.
670 Aberdeen Way, Milpitas, CA 95035
+1 (408) 882-6554 — Contact Us, or visit our other sites:
AECCafe - Architectural Design and Engineering EDACafe - Electronic Design Automation GISCafe - Geographical Information Services TechJobsCafe - Technical Jobs and Resumes ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy PolicyAdvertise