SMTC Corp. (SMTX) increased its fourth quarter EBITDA forecast to $4.0 million Tuesday morning, up from prior expectations of $3.0 million. The company also provided full year 2012 EBITDA guidance of $13 million and revenues of $240 million.
SMTC Corp. traded to the upside during the first half of Tuesday's session and finished higher by 0.71 at $2.16 on the highest volume of the year. The stock broke out to over a 2 1/2 month high and re-crossed its 50-day moving average.
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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.