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ELK GROVE VILLAGE, IL, Dec. 7 -- SigmaTron International Inc. today reported net revenues increased to $27.9 million for the quarter ended Oct. 31. Net income was $1.3 million, down from $1.8 million a year ago.

SigmaTron had sales of $26.5 million in the year ago quarter.

First-half sales rose $1.5 million, to $52.9 million. Net income fell $800,000, to $2.3 million.

Sales were higher for telecommunications and appliances, the firm said.

Gary R. Fairhead, president and chief executive, said, "Pricing pressures, product life cycle issues and component pricing impacted our results."

The company operates plants in Elk Grove Village (Chicago); Las Vegas; Fremont, CA (SMT Unlimited); Acuna, Mexico; and Suzhou, China. The latter's sales rose in the quarter now employs 135 workers.


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