Larry, We're a little bit "asleep at the wheel" on SCI today! Doug F.
SCI Expects September Quarter Revenue May Be Somewhat Below Expectations; Earnings Expectations Unaffected
PR Newswire - September 23, 1998 18:20
HUNTSVILLE, Ala., Sept., 23 /PRNewswire/ -- SCI Systems, Inc. (NYSE: SCI) said today, that based upon shipments to date, its current September quarter revenue estimates may be below analysts' expectations by a single digit percentage. Timing of various customer shipment releases is the primary factor involved.
While the quarter is not complete, and accurate accounting data is obviously not available, current earnings per share estimates for the quarter approximate "street" expectations. A variety of factors have contributed to the apparent estimated profit margin increase.
Headquartered in Huntsville, Alabama, SCI Systems, Inc. (www.sci.com) is a diversified electronics manufacturer whose products and systems are supplied to a variety of aerospace, commercial, and industrial customers. SCI is the world's largest provider of electronics manufacturing services. Its more than 22,000 employees currently operate thirty facilities in fourteen countries.
SOURCE SCI Systems, Inc.
/CONTACT: Ron Sibold, SCI Systems, Inc., 256) 882-4131/
/Web site: sci.com
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