Wednesday, April 7, 2010 as of 11:14 AM ET
Sanmina-SCI Corporation () is a global electronics manufacturing services (EMS) provider headquartered in San Jose, California that serves original equipment manufacturers in technology-related industries such as communications and computer hardware.
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on Wednesday reported a fiscal first-quarter profit of $8.6 million, or 10 cents a share, on revenue of $1.5 billion, compared with earnings of $28.4 million, or 34 cents a share, on $1.66 billion in sales in the year-ago period. Excluding one-time items, Sanmina-SCI would have earned $22.8 million, or 28 cents a share. Analysts surveyed by FactSet Research had forecast the electronics contract manufacturer to earn 31 cents a share on $1.56 billion in revenue. For its fiscal second quarter, Sanmina forecast earnings excluding one-time items of 24 cents to 30 cents a share on revenue in a range of $1.45 billion to $1.55 billion. Analysts had previously forecast Sanmina-SCI to earn 30 cents a share on $1.53 billion for the quarter.Copyright © 2012 MarketWatch, Inc....Shares of Sanmina-SCI (NASDAQ:SANM) tumbled Thursday after the integrated electronics manufacturer cut its second-quarter outlook and announced the resignation of it...
SAN FRANCISCO -- Sanmina SCI Corp. beat Wall Street's earnings forecast for its first fiscal quarter with a small double-digit gain in revenue. For the quarter ended...
Stock futures were mixed but mostly flat as traders digest a large number of earnings releases and await Apple ’s product announcement later in the day. Here are som...
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