Sanmina Corp SANM:NASDAQ

Last Price$26.95NASDAQ Previous Close - Last Trade as of 4:00PM ET 6/03/20

Today's Change-0.13(0.48%)
Bid (Size)$27.00 (10)
Ask (Size)$29.40 (2)
Day Low / High$26.84 - 27.97
Volume856.2 K

Sanmina Expects Not to Meet Fiscal Q2 Guidance Previously Provided due to COVID-19

4:17PM ET 3/12/2020 MT Newswires
Sanmina (SANM) said Thursday that it does not expect fiscal Q2 results to meet the financial guidance announced Jan. 27 due to the COVID-19.

Despite the outbreak's uncertainty, Chief Executive Officer believes the electronics manufacturing services provider "has a strong operating model and solid balance sheet which will enable [the company] to weather this disruption."

Sanmina previously anticipated Q2 revenue between $1.7 billion and $1.8 billion and non-GAAP EPS between $0.65 and $0.75.

Price: 19.88, Change: 0.00, Percent Change: 0.00