News & Videos - SMTC CORP.

SHAREHOLDER ALERT: Monteverde & Associates PC Announces an Investigation of SMTC Corporation - SMTX PR Newswire NEW YORK, Jan. 13, 2021 NEW YORK , Jan. 13, 2021 /PRNewswire/ -- Juan Monteverde , founder and managing partner at Monteverde & Associates PC , a national securities firm headquartered at the Empire State Building in New York City , is investigating SMTC Corporation ("SMTX" or the "Company") ( SMTX ) relating to its proposed acquisition by an affiliate of H.I.G. Capital. Under the...

Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of SMTC Corporation (NasdaqGM: SMTC) to an affiliate of H.I.G. Capital. Under the terms of the proposed transaction, shareholders of SMTC will receive only $6.044 in cash for each share of SMTC that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration...

SHAREHOLDER ALERT: WeissLaw LLP Investigates SMTC Corporation PR Newswire NEW YORK, Jan. 4, 2021 NEW YORK , Jan. 4, 2021 /PRNewswire/ -- WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of SMTC Corporation ("SMTX" or the "Company") (NASDAQ: SMTX) in connection with the proposed acquisition of the Company by an affiliate of H.I.G. Capital. Under the terms of the merger agreement, the Company's shareholders will receive $6.044...

Halper Sadeh LLP, a global investor rights law firm, is investigating whether the sale of SMTC Corporation (NASDAQ: SMTX) to an affiliate of H.I.G. Capital (“H.I.G.”) for $6.044 per share in cash is fair to SMTC shareholders. Halper Sadeh encourages SMTC shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or [email protected] or [email protected] . The investigation concerns whether SMTC and its...

NEW YORK, NY / ACCESSWIRE / August 3, 2017 / SMTC Corporation (NASDAQ: SMTX ) will be discussing their earnings results in their Q2 Earnings Call to be held on Thursday, August 3, 2017 at 8:00 AM Eastern Time. To listen to the event live - visit https://www.investornetwork.com/company/22804 . Replay Information The replay will be available online at https://www.investornetwork.com/company/22804 . About Investor Network Investor Network (IN) is a new financial content community, serving millions...

NEW YORK, NY / ACCESSWIRE / May 17, 2017 / SMTC Corporation (NASDAQ: SMTX ) will be discussing their earnings results in their Q1 Earnings Call to be held May 17, 2017 at 8:30 AM Eastern Time. To listen to the event live – visit https://www.investornetwork.com/company/22804 . Replay Information The replay will be available online at https://www.investornetwork.com/company/22804 . About Investor Network Investor Network (IN) is a new financial content community, serving millions of unique...

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TORONTO, Feb. 02, 2017 (GLOBE NEWSWIRE) -- SMTC Corporation (Nasdaq:SMTX), a global electronics manufacturing services provider, today announced the appointment of Ed Smith as its interim President and Chief Executive Officer effective February 17, 2017. Mr. Smith will also be elected to the Board of Directors of the Company. Mr. Smith will begin providing services to SMTC Corporation on February 6, 2017 and work alongside the outgoing President and Chief Executive Officer Sushil Dhiman during...

TORONTO, Jan. 23, 2017 (GLOBE NEWSWIRE) -- SMTC Corporation (Nasdaq:SMTX), a global electronics manufacturing services provider, today announced the resignation of Sushil Dhiman as President and Chief Executive Officer of SMTC Corporation and as a member of SMTC’s Board of Directors, effective February 17, 2017. SMTC’s Board of Directors is currently in the process of conducting a search for a new Chief Executive Officer. Clarke H. Bailey, Chairman of the Board, commented, “We thank Sushil...

TORONTO, Nov. 22, 2016 (GLOBE NEWSWIRE) -- SMTC Corporation (Nasdaq:SMTX), a global electronics manufacturing services provider, today announced an amendment to the revolving credit and security agreement with PNC Bank. The highlights of the current amendment: Three year extension to January 2, 2021 Term loan increased from current balance of $4.25 million to $10 million Revolver maximum is reduced from $35 million to $30 million Reduced interest margin by 0.25% on both term loan and revolving...

TORONTO, Nov. 03, 2016 (GLOBE NEWSWIRE) -- SMTC Corporation (Nasdaq:SMTX), a global electronics manufacturing services provider, today announced third quarter 2016 results. Third Quarter Fiscal 2016 Results Summary: Revenue of $42.7 million Gross Profit of $3.6 million Net loss of $0.02 million Adjusted EBITDA of $1.3 million Cash flow from operations of $5.1 million Debt, net of cash of $6.0 million Revenue for the third quarter was $42.7 million compared to $53.4 million in the third quarter...

TORONTO, Oct. 26, 2016 (GLOBE NEWSWIRE) -- SMTC Corporation (Nasdaq:SMTX), a recognized global electronics manufacturing services provider, invites you to join its 2016 third quarter earnings call Thursday, November 3, 2016, at 5:00 p.m. EDT. Mr. Sushil Dhiman, President and CEO will lead the call. Those wishing to listen to the teleconference should access the webcast at the investor relations section of SMTC's website www.smtc.com . A rebroadcast of the webcast will be available on SMTC's...