Management Commentary
“Our sales organization continues to gain market share and expand our sales funnel, including $46 million in new awards and bookings during the third quarter, from five new customers and one existing customer. I am pleased that we are beginning to see an acceleration of customer programs moving through the customer certification process, into new product introduction phase and entering production that will continue to ramp in 2021,” said Ed Smith, SMTC’s President and Chief Executive Officer.
Revenue by Industry Sector
| Industry Sector |
Three months ended
Sept. 27, 2020 |
Three months ended
Sept. 29, 2019 | Change | |||||||||
| Dollars in millions | $ | % | $ | % | $ | % | ||||||
| Industrial IoT, Power and Clean Technology | 37.0 | 37.2 | 36.7 | 41.4 | 0.3 | 0.8 | ||||||
| Semiconductors | 16.0 | 16.1 | 7.3 | 8.2 | 8.7 | 119.2 | ||||||
| Avionics, Aerospace and Defense | 12.0 | 12.1 | 5.2 | 5.9 | 6.8 | 130.8 | ||||||
| Medical and Safety | 11.3 | 11.4 | 10.5 | 11.8 | 0.8 | 7.6 | ||||||
| Retail and Payment Systems | 10.3 | 10.4 | 10.6 | 12.0 | (0.3 | ) | (2.8 | ) | ||||
| Test and Measurement | 8.1 | 8.1 | 8.8 | 9.9 | (0.7 | ) | (8.0 | ) | ||||
| Telecom, Networking and Communications | 4.8 | 4.8 | 9.6 | 10.8 | (4.8 | ) | (50.0 | ) | ||||
| Total | 99.5 | 100.0 | 88.7 | 100.0 | 10.8 | 12.3 | ||||||
