SMTX News Alert Smtc Corp (SMTX) 1.66 02/14/2015 07:42:35

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Smtc Corp (SMTX) 1.66 $SMTX

SMTC Adopts Rights Plan to Preserve Valuable Tax Assets
GlobeNewswire - Tue Dec 30, 8:38AM CST
The Board of Directors of SMTC Corporation (Nasdaq:SMTX), a global electronics manufacturing services provider, announced today that the corporation has adopted a tax benefits preservation rights plan ("rights plan" designed to protect the Company's approximately $45.1 million in U.S. federal net operating loss carry-forwards (NOLs), under Section 382 of the Internal Revenue Code. The rights plan is designed to deter stock accumulations exceeding 4.99% that could potentially trigger a significant limitation of the NOLs and a corresponding reduction in shareholder value, and was adopted solely to preserve the Company's tax benefits and not to deter any strategic transactions or share accumulations. The Board remains open to considering all alternatives to maximize shareholder value, and the rights plan will be put forth for shareholder ratification at the upcoming 2015 Annual Stockholder Meeting. The rights plan also includes a procedure whereby the Board will consider requests to exempt certain proposed acquisitions of common stock from the applicable ownership trigger if the Board determines that the requested acquisition will either not limit or impair the availability of future use of the NOLs to SMTC or is in the best interests of the corporation and its shareholders.
SMTX: 1.66 (+0.04)

SMTC's (SMTX) CEO Sushil Dhiman on Q3 2014 Results - Earnings Call Transcript
SA Transcripts - at Seeking Alpha - Fri Nov 07, 9:01AM CST

SMTX: 1.66 (+0.04)

SMTC EPS of -$0.04
Seeking Alpha - at Seeking Alpha - Thu Nov 06, 5:18PM CST

SMTX: 1.66 (+0.04)

SMTC Reports Third Quarter Results
GlobeNewswire - Thu Nov 06, 3:30PM CST
-- Reports third quarter revenue of $55.5 million compared to $58.0 million in the second quarter.
SMTX: 1.66 (+0.04)

SMTC Corporation Invites You to Join Its 2014 Third Quarter Earnings Call
GlobeNewswire - Tue Oct 21, 1:05PM CDT
SMTC Corporation (Nasdaq:SMTX) ("SMTC" , a recognized global electronics manufacturing services provider, invites you to join its 2014 third quarter earnings call on Friday, November 7, 2014 at 8:30am EST. Mr. Sushil Dhiman, President and CEO will lead the call.
SMTX: 1.66 (+0.04)

SMTC Announces Signing the Seventh Amendment to Its Revolving Credit and Security Agreement
GlobeNewswire - Tue Sep 30, 3:30PM CDT
SMTC Corporation (Nasdaq:SMTX) ("SMTC" , a recognized global electronics manufacturing services provider, entered into the seventh amendment to its revolving credit facility.
SMTX: 1.66 (+0.04)

SMTC Reports Second Quarter Results
GlobeNewswire - Tue Aug 12, 4:42PM CDT
-- Reports second quarter revenue of $58.0 million.
SMTX: 1.66 (+0.04)

SMTC Corporation Invites You to Join Its 2014 Second Quarter Earnings Call
GlobeNewswire - Thu Jul 17, 3:10PM CDT
SMTC Corporation (Nasdaq:SMTX) ("SMTC" , a recognized global electronics manufacturing services provider, invites you to join its 2014 second quarter earnings call.
SMTX: 1.66 (+0.04)




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