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Sanmina Meets Q1 Revenue Guidance |
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Written by Mike Buetow
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Monday, 14 January 2008 |
SAN JOSE – Sanmina-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 [http://circuitsassembly.com/cms/content/view/5872/95/]
new president and COO Joe Bronson told UP Media editor-in-chief Mike Buetow the
company has turned the corner. |
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