|
Quotes & Info
|
| SANM > SEC Filings for SANM > Form 8-K on 23-Jan-2008 | All Recent SEC Filings |
23-Jan-2008
Results of Operations and Financial Condition, Financial Statements and Exhibits
On January 23, 2008, Sanmina-SCI Corporation (the "Company") issued a press release announcing financial results for its first fiscal quarter. The press release is furnished as Exhibit 99 to this Form 8-K.
Non-GAAP Financial Information
In the press release furnished as Exhibit 99, we present the following Non-GAAP financial measures: gross profit, gross margin, operating income, operating margin, net income (loss) and earnings (loss) per share. In computing each of these Non-GAAP financial measures, including those presented in the attached financial statements, we exclude charges or gains relating to: stock-based compensation expense, restructuring (including employee severance and benefits costs and charges related to excess facilities and assets), integration costs (consisting of costs associated with the integration of acquired businesses into our operations), amortization of intangible assets, loss on extinguishment of debt and other infrequent or unusual items, to the extent material, which we consider to be of a non-operational nature in the applicable period.
We have furnished these Non-GAAP financial measures because we believe they provide useful supplemental information to investors in that they eliminate certain financial items that are of a non-recurring, unusual or infrequent nature or are not related to the company's regular, ongoing business. Our management also uses this information internally for forecasting, budgeting and other analytical purposes. Therefore, the Non-GAAP financial measures enable investors to analyze the core financial and operating performance of the Company and to facilitate period-to-period comparisons and analysis of operating trends.
We provide earnings guidance only on a Non-GAAP basis due to the inherent uncertainties associated with forecasting the timing and amount of restructuring, impairment and other unusual and infrequent items.
(d) Exhibits.
Exhibit No Description
Exhibit 99.1 Press Release issued by Sanmina-SCI Corporation on January 23, 2008
(furnished herewith)
|
The information in this report, including the exhibit hereto, shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liabilities of that section. In addition, the information in this report shall not be incorporated by reference into any registration statement filed under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such filing.
|
|