SCHMID Receives Order to Supply Wet-Process Production Equipment; Shares Rise Pre-Bell

MT Newswires Live
Mar 11

SCHMID (SHMD) said Wednesday it has received an order from an undisclosed printed circuit board manufacturer in China to supply its wet process equipment for a new high-density interconnect multilayer production line.

Financial details of the order were not disclosed, but the company valued the contract at "lower two-digit million-USD."

Shares of the company were up nearly 13% in Wednesday premarket activity.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10