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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