Key Developments: Sanmina Corp (SANM.O)

SANM.O on Nasdaq

25.07USD
31 Oct 2014
Price Change (% chg)

$0.59 (+2.41%)
Prev Close
$24.48
Open
$24.87
Day's High
$25.25
Day's Low
$24.68
Volume
1,069,890
Avg. Vol
690,919
52-wk High
$25.25
52-wk Low
$14.32

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Latest Key Developments (Source: Significant Developments)

Sanmina gives Q1 2015 guidance above analysts' estimates
Monday, 27 Oct 2014 04:05pm EDT 

Sanmina Corp:Expects Q1 2015 revenue to be between $1.65 bln - $1.70 bln.Expects Q1 2015 Non-GAAP diluted EPS to be between $0.55 to $0.60.Q1 2015 revenue of $1.5 bln and EPS of $0.40 - Thomson Reuters I/B/E/S.  Full Article

Sanmina Corp announces new $100 million stock repurchase program
Monday, 8 Sep 2014 05:00pm EDT 

Sanmina Corp:Authorizes additional stock repurchase program of up to $100 mln worth of company's common stock.New program will take effect upon completion of company's current program.New stock repurchase program has no expiration date.  Full Article

Sanmina Corp 's Viking Technology & Enmotus announce partnership
Tuesday, 5 Aug 2014 08:30am EDT 

Sanmina Corp:Says Viking Technology,diviision of company and global manufacturer of NVDIMM, SSD and DRAM solutions, announced partnership with Enmotus, software defined storage hybridization company.To develop next generation hybrid storage software that leverages emerging NVDIMM technology.This collaboration between Viking Technology and Enmotus' device hybridization architecture provides solution enabling enterprise IT, hyperscale datacenters, OEMs and system integrators to take advantage of virtualization and real-time tiering, using NVDIMM as fastest tier.  Full Article

Sanmina gives Q4 2014 guidance; revenue guidance above analysts' estimates
Monday, 21 Jul 2014 04:05pm EDT 

Sanmina Corp:Expects Q4 2014 revenue between $1.60 to $1.65 billion.Expects Q4 2014 Non-GAAP diluted earnings per share between $0.50 to $0.55.Q4 2014 revenue of $1.58 bln and EPS of $0.51 - Thomson Reuters I/B/E/S.  Full Article

Sanmina Corp and Pluribus Networks announces agreement to produce next generation network computing appliance
Thursday, 26 Jun 2014 08:30am EDT 

Sanmina Corp:Sanmina Corporation and Pluribus Networks signes an agreement for Sanmina to manufacture the next generation of the Pluribus Freedom F-Series high-performance network computing appliances.This agreement is based on Sanmina's successful design of the F-Series product for Pluribus.Pluribus Networks is an innovator in the hyperconvergence space that delivers server economics to networking for both cloud operators and enterprises.  Full Article

Sanmina Corp gives Q3 2014 guidance; EPS guidance above analysts' estimates
Tuesday, 22 Apr 2014 04:05pm EDT 

Sanmina Corp:Forecasts Q3 2014 revenue between $1.50 bln to $1.60 bln.Forecasts Q3 2014 non-GAAP diluted earnings per share (EPS) between $0.45 to $0.49.Q3 2014 revenue of $1.51 bln and EPS of $0.43 - Thomson Reuters I/B/E/S.  Full Article

Sanmina Corp gives Q2 2014 guidance in line with analysts' estimates
Monday, 27 Jan 2014 04:05pm EST 

Sanmina Corp:Sees Q2 2014 revenue between $1.425 billion to $1.475 billion.Sees Q2 2014 Non-GAAP diluted earnings per share (EPS) between $0.36 to $0.42.Q2 2014 revenue of $1.447 billion and EPS of $0.37 - Thomson Reuters I/B/E/S.  Full Article

Sanmina Corporation Issues Q1 2014 Guidance Below Analysts' Estimates
Monday, 28 Oct 2013 04:06pm EDT 

Sanmina Corporation announced that for first quarter of 2014, it expects revenue between $1.425 billion to $1.475 billion and Non-GAAP diluted earnings per share (EPS) between $0.35 to $0.41. According to I/B/E/S Estimates, analysts on an average are expecting the Company to report revenue of $1.529 billion and EPS of $0.42 for the first quarter of 2014.  Full Article

Sanmina Corporation Issues Q4 2013 Guidance In Line With Analysts' Estimates
Monday, 22 Jul 2013 04:02pm EDT 

Sanmina Corporation announced that for the fourth quarter of 2013, it expects revenue between $1.475 billion to $1.525 billion and Non-GAAP diluted earnings per share (EPS) between $0.37 to $0.43. According to I/B/E/S Estimates, analysts are expecting the Company to report revenue of $1.52 billion and EPS of $0.40 for the fourth quarter of 2013.  Full Article

Sanmina Corp To Participate In Tender Offer For Nokia Siemens Networks' Manufacturing Assets-DJ
Monday, 1 Jul 2013 12:50am EDT 

Dow Jones reported that according to Finnish newspaper, Nokia Siemens Networks, the joint venture of Nokia Oyj and Siemens AG, is aiming to sell its manufacturing assets to contract manufacturers in a tender to raise cash and release working capital. Companies participating in the tender are Foxconn Technology Co. Ltd, Flextronics International Ltd., Sanmina-SCI Corp (Sanmina Corp). and Jabil Circuit Inc., Helsingin Sanomat reported, citing confidential NSN documents it had seen. According to the newspaper, the tender was scheduled to close at the end of June. NSN will choose two of the four participants to whom the assets will be sold.  Full Article

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