SMTC Corporation Reports Third Quarter Results


 
Supplementary Information:      
Reconciliation of Proforma Adjusted Gross Profit    
          
  SMTC MC Proforma
  Sep 30,  2018 Sep 30,  2018 Sep 30,  2018
       
Gross Profit$  5,237 $  5,030 $  10,267 
Add (deduct):      
Unrealized foreign exchange gain       
on unsettled forward exchange contracts  (108)-   (108)
Adjusted Gross Profit$  5,129 $  5,030 $  10,159 
Adjusted Gross Profit %9.6%12.6%10.8%
       


Supplementary Information:        
Reconciliation of Adjusted Net (Loss) Income        
  SMTC    MC    Proforma  
  Sep 30,  2018     Sep 30,  2018     Sep 30,  2018  
Net Loss $   864     $   343     $   1,207  
                 
add back                
                 
Amortization of intangible assets   -       -       -  
Unrealized foreign exchange loss (gain)    (108 )     -       (108 )
on unsettled forward exchange contracts               -  
Stock compensation expense    75       -       75  
Stock Revaluation of Warrant   -       -       -  
Restructuring charges   58       (13 )     45  
Merger and acquisitions related expenses   -       -       -  
Contingent Consideration reversal   -       -       -  
                 
Adj Net Loss   889       329       1,218  
                 

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