Frost & Sullivan research finds that SMTC Corporation is emerging as one of the fastest growing companies within the EMS market. The company recorded an overall growth of over 70.0 percent in Q3 2013 over Q3 2011. It has also received attention for ranking high on forward earning projections (of 18.8 percent) and has overshadowed leading Tier one EMS providers. This circumstance bodes well for SMTC Corporation, and the company is set to record tremendous growth in the near future.
So far I would say no. The Downgrade was devastating, since we really hadn't had an official affirm of the exisiting rating or an upgrade for years. The dual CEO's really have there work cut out for them to repair the damage and keep the train rolling.
The question is will we see some of the Markham closing costs in this quarters earnings or will they save all that up for 2nd qtr 2013? Best to get it off the books now since what difference would it really make to 2012 and the PPS. Probably better to just say that 2012 was a fair year and 2013 should be the one to look forward to.