Business News

Sanmina-SCI Reaffirms Third Quarter Fiscal 2008 Guidance

2008-07-15 07:00:00

    SAN JOSE, Calif., July 15 /EMWNews-FirstCall/ -- Sanmina-SCI

Corporation ("the Company") (Nasdaq: SANM), a leading global electronics

manufacturing services (EMS) company today announced third quarter fiscal

2008 revenue from continuing operations was approximately $1.9 billion,

exceeding previously provided guidance of between $1.775 to $1.875 billion.

Non-GAAP diluted earnings per share for continuing operations is expected

to be at the high-end of the previously provided guidance of $0.03-$0.05.

Cash and cash equivalents at the end of the quarter increased by more than

$100 million from the prior quarter.



    The Company will release full financial results for the third quarter

ended June 28, 2008 on July 23, 2008. A conference call regarding these

results will be held at 5:00 PM ET (2:00 PM PT) on July 23, 2008. The

conference call will be broadcast via the Internet and is accessible by

logging on to the Sanmina-SCI website at http://www.sanmina-sci.com.



    About Sanmina-SCI



    Sanmina-SCI Corporation (Nasdaq: SANM) is a leading electronics

contract manufacturer serving the fastest-growing segments of the global

electronics manufacturing services (EMS) market. Recognized as a technology

leader, Sanmina-SCI provides end-to-end manufacturing solutions, delivering

superior quality and support to large OEMs primarily in the communications,

defense and aerospace, industrial and medical instrumentation, computer

technology and multimedia sectors. Sanmina-SCI has facilities strategically

located in key regions throughout the world. Information about Sanmina-SCI

is available at http://www.sanmina-sci.com.



    Sanmina-SCI Safe Harbor Statement



    The foregoing expectations for the Company's non-GAAP earnings per

share for its third fiscal quarter ended June 28, 2008 are preliminary and

constitute forward-looking information within the meaning of the safe

harbor provisions of Section 21E of the Securities Exchange Act of 1934.

Actual non- GAAP earnings per share could differ due to adjustments or

changes made during the Company's financial statement closing process for

the third quarter.



    SANMF





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