SED International Holdings Inc. (SED) reported that its fourth-quarter net loss was $2.0 million or $0.41 per share, compared to net income of $0.4 million or $0.09 per share in the same quarter last year.
Operating loss for the quarter was $1.7 million, compared to an operating income of $0.9 million in the prior year period.
Net sales for the quarter declined to $131.8 million from $152.6 million in the prior year quarter. An Industry-wide decline in technology and consumer electronics demand, coupled with lingering effects from hard drive shortages, negatively impacted net sales in the fourth quarter compared to the prior year.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.