| Sanmina Meets Q1 Revenue Guidance |
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| Written by Mike Buetow | |||
| Monday, 14 January 2008 04:40 | |||
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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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| Last Updated on Monday, 14 January 2008 08:45 |
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