SAN JOSE – Sanmina does not expect to achieve its previously issued guidance for the second quarter, citing the impact of Covid-19.
Sanmina in January guided second quarter revenue to between $1.7 billion and $1.8 billion.
"While the full impact and duration of the Covid-19 outbreak is unknown at this time, we believe the company has a strong operating model and solid balance sheet, which will enable us to weather this disruption," said Hartmut Liebel, CEO.