Sanmina-SCI Corporation (SANM) Announces First Quarter Financial Results
Sanmina-SCI Corporation (SANM), a leading global Electronics Manufacturing Services company, reported financial results for their first fiscal quarter ended December 29, 2007. Specifically, first quarter fiscal 2008 highlights include: -- Revenue of $2.53 Billion whereas guidance was between $2.5-2.65 Billion -- Non-GAAP Gross margin of 6.1%, exceeding guidance of 5.7%-5.9% -- Non-GAAP diluted Earnings Per Share of $0.04, guidance was between $0.02-$0.04 -- GAAP Diluted Earnings Per Share of $0.01 Sanmina-SCI reported revenue of $2.53 billion for the first fiscal quarter ended December 29, 2007. Compared to the value of $2.51 billion reported during the fourth fiscal quarter ended September…