Brief: Sanmina Corp Sees Q1 Revenue Between $1.725 Bln To $1.825 Bln

Sanmina

28/10/2019 20:17

Oct 28 (Reuters) - Sanmina Corp  SANM.O :
    * SANMINA REPORTS FOURTH QUARTER AND FISCAL YEAR END
FINANCIAL
RESULTS
    * Q4 NON-GAAP EARNINGS PER SHARE $3.40
    * Q4 EARNINGS PER SHARE ESTIMATE $0.77 -- REFINITIV IBES
DATA
    * SEES  Q1 REVENUE BETWEEN $1.725 BILLION TO $1.825 BILLION
    * SEES  Q1 NON-GAAP DILUTED EARNINGS PER SHARE BETWEEN $0.65
TO
$0.75
    * SEES Q1 GAAP DILUTED EARNINGS PER SHARE BETWEEN $0.52 TO
$0.62
    * QTRLY REVENUE $1.89 BILLION VERSUS $1.88 BILLION
    * ON OCTOBER 28, 2019, COMPANY ADOPTED A COMPANY-WIDE
RIGHT-SIZING
PLAN
    * UNDER THIS PLAN, COMPANY EXPECTS TO INCUR RESTRUCTURING
CHARGES
OF APPROXIMATELY $10 MILLION TO $20 MILLION

Source text for Eikon:  ID:nPn237ydLa 
Further company coverage:  SANM.O 

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