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November 26, 2009 8:15 AM ET

Sanmina-SCI Corp.

(SANM:NASDAQ)

LAST $8.30 USD
CHANGE TODAY 0.00 0.00%
VOLUME 0.0
As of November 25, 2009 All times are local (Market data by Reuters is delayed by at least 15 minutes).

Snapshot of Sanmina-SCI Corp. (SANM)

OPEN
--
PREVIOUS CLOSE
$8.30
DAY HIGH
--
DAY LOW
--
52 WEEK HIGH
10/6/09 - $9.15
52 WEEK LOW
03/9/09 - $1.08
MARKET CAP
652.5M
AVERAGE VOLUME 3 mo
828.9K
DILUTED EPS TTM
$-1.66
SHARES OUTSTANDING
78.6M
SANM Does Not Pay Dividends
P/E TTM
NM
K = Thousands  M = Millions  B = Billions

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SANM Details

Sanmina-SCI Corporation provides integrated electronics manufacturing services worldwide. It offers various services, including product design and engineering, comprising initial development, detailed design, preproduction services, and manufacturing design; volume manufacturing of components, subassemblies, and complete systems; final system assembly and test; direct order fulfillment and logistic services; and after-market product service and support. The company manufactures various system components and subassemblies consisting of printed circuit boards, printed circuit board assemblies, backplanes and backplane assemblies, enclosures, cable assemblies, precision machine components, optical modules, and memory modules. Sanmina-SCI offers its services to original equipment manufacturers primarily in the communications, computing and storage, multimedia, industrial and semiconductor capital equipment, defense and aerospace, medical, and automotive industries. The company was founded in 1980 and is based in San Jose, California.

SANM Top Compensated Officers

Founder, Chairman and Chief Executive Officer
Age: 58
Total Annual Compensation: $800.0K
President and Chief Operating Officer
Age: 49
Total Annual Compensation: $430.0K
Executive Vice President, General Counsel and...
Age: 51
Total Annual Compensation: $350.0K
Executive Vice President of Worldwide Sales a...
Age: 58
Total Annual Compensation: $417.0K
Advisor to the Chairman & Chief Executive Off...
Age: 59
Total Annual Compensation: $500.0K
Compensation as of Fiscal Year 2008.

Key developments for Sanmina-SCI Corp. (SANM)

Sanmina-SCI Corp. Completes Early Redemption of its Senior Floating Rate Notes Due 2010

Sanmina-SCI Corp. announced it has redeemed $175.7 million in aggregate principal amount of its Senior Floating Rate Notes due 2010. This follows the company's call for redemption of the notes previously announced on October 15, 2009.

Sanmina-SCI Corp. Reports Unaudited Consolidated Earnings Results for the Fourth Quarter and Fiscal Year Ended October 3, 2009 ; Provides Earnings Guidance for the First Fiscal Quarter Ending January 2, 2010; Announces Impairment Charges for the Third Quarter 2009

Sanmina-SCI Corp. reported unaudited consolidated earnings results for the fourth quarter and fiscal year ended October 3, 2009. Revenue for the fourth quarter was $1.35 billion, up 12%, compared to $1.21 billion in the prior quarter ended June 27, 2009. GAAP net loss in the fourth quarter was $32.3 million, a diluted loss per share of $0.41, compared to a net loss of $41.1 million and a diluted loss per share of $0.51 in the prior quarter. Non-GAAP operating income was $34.5 million compared to $17.1 million, or 1.4% of revenue in the prior quarter. Non-GAAP net income in the fourth quarter was $94 thousand, diluted earnings per share of $0.00, compared to a net loss of $10.9 million and $0.14 diluted loss per share in the prior quarter. GAAP operating income was $7.72 million compared to GAAP operating loss of $442.1 million for the same period a year ago. For the fiscal year ended October 3, 2009, the company reported revenue was $5.18 billion, compared to $7.20 billion for the year ended September 27, 2008. GAAP net loss for the full year was $136.2 million, a diluted loss per share of $1.65, compared to net loss of $511.3 million, a diluted loss per share of $5.78 in fiscal 2008. Non-GAAP operating income for fiscal 2009 was $94.3 million, or 1.8% of revenue, compared to $205.6 million, or 2.9% of revenue for fiscal 2008. Non-GAAP net loss for the full year was $42.5 million, $0.52 diluted loss per share, compared to net income of $69.6 million, a diluted earnings per share of $0.79 in fiscal 2008. GAAP operating loss was $4.66 million compared to $384.16 million for the same period a year ago. The company provides forecast for the first fiscal quarter ending January 2, 2010. Revenue between $1.35 billion to $1.45 billion and Non-GAAP diluted earnings per share between $0.10 to $0.15. For the third quarter 2009, the company reported impairment of goodwill and other assets of $2.94 million compared to $482 million for the same period a year ago.

Sanmina-SCI Corp. expected to Report Q1 2010 Results on January 22, 2010. This event was calculated by Capital IQ (Created on November 4, 2009).

Sanmina-SCI Corp. expected to Report Q1 2010 Results on January 22, 2010. This event was calculated by Capital IQ (Created on November 4, 2009).

Stock Quotes

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SANM $8.30 USD 0.00
FPL $52.48 USD 0.00
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SANM Competitors

Company Last Change
Benchmark Electronics Inc $18.94 USD -0.46
Celestica Inc C$9.03 CAD +0.15
Elcoteq Network Oyj €1.17 EUR +0.02
View Industry Companies
Market data is delayed at least 20 minutes.

Industry Analysis

Valuation SANM Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 0.1x
Price/Book 1.2x
Price/Cash Flow NM Not Meaningful
TEV/Sales NM Not Meaningful

SANM

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