Dialight (GB:DIA) has released an update.
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Dialight PLC is navigating the aftermath of a legal dispute with Sanmina, where a jury found both parties in breach of their Manufacturing Services Agreement, resulting in a net financial loss for Dialight. The company is awarded $0.9 million, but owes Sanmina a combined total of approximately $8.7 million for separate claims. Dialight is currently assessing its legal options, including potential appeals and post-trial motions.
For further insights into GB:DIA stock, check out TipRanks’ Stock Analysis page.
