to produce $30M-$35M in pre-tax charges, and yield $60M/year in cost savings. Rival Sanmina ( SANM ) +1.3% AH in sympathy. Sanmina 's shares took off yesterday after the company posted mixed FQ1 results and provided in-line
Q (+/- 3.5%); that's worse than a consensus for a 7% drop. Shares unchanged AH for now. ( Q4 results , PR ) Sanmina ( SANM ) expects FQ2 revenue of $1.425B-$1.475B and EPS of $0.36-$0.42 vs. a consensus of $1.45B and $0.37
We are no longer providing equity research on Sanmina - SCI Corporation SANM . We provide broad coverage of more than 1,700 companies across 91 industry groups and adjust our coverage as necessary based on client demand and investor interest.
losses. Finally, large EMS firms that dwarf Plexus in both size and resources, such as Flextronics, Jabil Circuit, and Sanmina SANM , are aggressively pursuing Plexus' markets. Plexus has made the right strategic decisions in recent years by concentrating
place ongoing pressure on Sanmina to cut prices, thereby ..... Sanmina 's shareholders. Sanmina - SCI provides electronics ..... powerful customer base. Sanmina - SCI is attempting to turn ..... fair value estimate for Sanmina - SCI is $13 per share. As
befallen its competitors. Prior to the bursting of the tech bubble, EMS firms such as Flextronics FLEX, Celestica CLS, and Sanmina SANM overexpanded their manufacturing footprints in efforts to gain share. When demand for EMS services dropped dramatically
term operational missteps could lead to meaningful customer defection, as experienced by competitors Celestica CLS and Sanmina SANM at points during the last few years. Jabil has created a better company, with operating margins and returns on capital
We are placing Sanmina - SCI SANM under review as we reassess our assumptions for the firm.
We are placing Sanmina SANM under review as we transfer coverage to a new analyst .
White is a veteran of the tech industry and most recently served as the CFO of electronics contract manufacturer Sanmina - SCI SANM . Management compensation appears reasonable compared with industry peers . The firm has cut back on option grants