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Sanmina-SCI Announces Third Quarter Results
July 28, 2004 |Estimated reading time: Less than a minute
San Jose, Calif. — Sanmina-SCI Corp. has reported financial results for its third quarter ended June 26, 2004.
For this quarter, Sanmina-SCI reported revenues of $3.07 billion, an increase of 7.2 percent from $2.86 billion in the second quarter ended March 27, 2004, and an increase of 15.9 percent from $2.65 billion in the third quarter ended June 28, 2003. Operating income was $68.8 million, an increase of 21.1 percent over the prior quarter and up 72 percent over the same period last year.
For the third quarter of fiscal 2004 the company reported a pro forma net income of $34.4 million, or 7 cents pro forma diluted earnings per share, compared to pro forma net income of $6.4 million, or 1 cent pro forma diluted earnings per share for the same period a year ago. Pro forma financial results do not include restructuring, integration, impairment, other infrequent or unusual items, and non-cash interest and amortization expense.
Sanmina-SCI Corp. is a leading electronics contract manufacturer serving the fastest-growing segments of the global electronics manufacturing services (EMS) market. For more information, visit www.sanmina-sci.com.