SMTC Corporation Reports Third Quarter Results


 
Supplementary Information: 
Reconciliation of Adjusted Gross Profit 
            
  Three months ended   Nine months ended 
  September 29,
2019
   September 30,
2018
   September 29,
2019
   September 30,
2018
 
            
Gross Profit$  8,906  $  5,237  $  26,527  $  13,370 
Add (deduct):           
  Amortization of intangible assets  1,844    -  $  5,532    - 
Unrealized foreign exchange gain            
  on unsettled forward exchange contracts  -    (108)     -       (338 )
                       
Adjusted Gross Profit $   10,750     $   5,129     $   32,059     $   13,032  
                       
Adjusted Gross Profit Percentage 12.1 %   9.6 %   11.4 %   9.6 %
                 

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