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 | % | |||||||
SMTC Corporation Reports Third Quarter Results
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