Sanmina-Sci Corp (SANM)

[eastunder]

SANM: Q3 Adj EPS (2c) vs 5c Beats (3c) Est; Guidance In-Line with Consensus

Thursday , July 23, 2009 06:30ET

QUARTER RESULTS
Sanmina-SCI Corp (SANM) reported Q3 results ended June 2009. Q3 Revenues were $1,209.15M; -36.47% vs yr-ago; BEATING revenue consensus by +0.27%. Q3 EPS was (9c). Adjusted Q3 EPS was (2c); -140.00% vs yr-ago; BEATING earnings consensus by +33.33%.

Q3 RESULTS      Reported      Year-Ago     Y/Y Chg      Estimate    SURPRISE 
 ----------  ------------  ------------  ----------  ------------  ---------- 
 Revenues:     $1,209.15M    $1,903.25M     -36.47%    $1,205.87M      +0.27% 
 ----------  ------------  ------------  ----------  ------------  ---------- 
 EPS:                (9c)           N/A         N/A           N/A         N/A 
 Adj EPS:            (2c)            5c    -140.00%          (3c)     +33.33% 
 ----------  ------------  ------------  ----------  ------------  ----------

GUIDANCE

Q4-09 Revenue Outlook [$1200 - $1300M]: SANM expects Q4 revenue of $1.2 billion to $1.3 billion. The Q4-09 revenue forecast is in-line with current consensus estimates.
Q4-09 Earnings Outlook [(3c) - (1c)]: SANM expects Q4 Adj EPS of ($0.03) to ($0.01). The Q4-09 earnings forecast is in-line with current consensus estimates.





ORIGINAL EARNINGS RELEASE
Consensus estimate data provided by Reuters.
Visit Knobias.com for more indepth earnings information.