smtc: the income statement

MyFinsight

For the quarter ending 2025-07-27, SMTC made $257,589K in revenue. -$27,064K in net income. Net profit margin of -10.51%.

Unit: Thousand (K) dollars (except for numbers of shares and EPS)

Income Statement	2025-07-27	2025-04-27	2024-10-27	2024-07-28
Net sales	257,589	251,060	236,825	215,355
Amortization of acquired technology	2,214	2,205	2,281	2,279
Cost of sales-Service	12,670	12,155	-	-
Cost of sales	-	-	113,576	107,612
Cost of sales-Product	108,600	105,411	-	-
Total cost of sales	123,484	119,771	115,857	109,891
Gross profit	134,105	131,289	120,968	105,464
Selling, generaland administrative	58,469	46,447	59,777	55,789
Product developmentand engineering	48,198	47,529	42,563	40,084
Restructuring	1,491	1,199	695	1,541
Goodwill impairment	41,991	-	0	0
Intangible amortization	148	147	148	282
Total operating expenses, net	150,297	95,322	103,183	97,696
Operating (loss) income	-16,192	35,967	17,785	7,768
Interest expense	-5,235	-6,582	-20,807	-28,578
Non-operating expense, net	-1,311	-2,802	-1,072	-1,015
Interest income	529	369	527	433
Loss on extinguishment of debt	0	-	0	-144,688
Investment impairments and credit loss reserves, net	0	0	0	0
(loss) income before taxes and equity method income	-22,209	26,952	-3,567	-166,080
Provision for income taxes	4,793	8,653	4,007	4,215
Net loss before equity method income	-27,002	18,299	-7,574	-170,295
Equity method (loss) income	-62	1,046	-12	0
Net loss	-27,064	19,345	-7,586	-170,295
Net loss attributable to noncontrolling interest	-	-	0	0
Net loss attributable to common stockholders	-	-	-7,586	-170,295

Basic (in dollars per share)	-0.31	0.22	-0.1	-2.61
Basic (in shares)	86,707,000	86,441,000	75,319,000	65,281,000
Diluted (in dollars per share)	-0.31	0.22	-0.1	-2.61
Diluted (in shares)	86,707,000	89,579,000	75,319,000	65,281,000