Sanmina Meets Q1 Revenue Guidance PDF Print E-mail
Written by Mike Buetow   
Monday, 14 January 2008 04:40
SAN JOSESanmina-SCI today said its first-quarter fiscal 2008 revenue would be $2.53 billion, in line with previous guidance of $2.5 billion to $2.65 billion.

Non-GAAP diluted earnings per share for the quarter ended Dec. 29 is expected to meet or exceed Wall Street consensus of $0.03. Cash flow generated during the quarter is expected to exceed $100 million.

The company will release full financial results Jan. 23.

Sanmina-SCI has been plagued by financial woes and missteps over the past seven years, but in an exclusive interview last month [] new president and COO Joe Bronson told UP Media editor-in-chief Mike Buetow the company has turned the corner.
Last Updated on Monday, 14 January 2008 08:45


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