Sanmina Corp. Posts $0.41 4Q EPS vs. $0.13
Loss After Charge
SANMINA CORP. Fourth Quarter and Annual
Earns.: Sept. '98--Consol. Inc. Acct.: Thou. $
3 Mos. to Sept. 30:
1998
1997
Net sales
194,189
160,592
Net income
19,389
d 5,388
Sh. earns. (basic)
$0.43
d $0.13
* Sh. earns.
$0.41
d $0.13
Years Ended:
Net sales
722,581
569,787
Net income
68,151
30,525
Sh. earns. (basic)
$1.61
$0.75
* Sh. earns.
$1.43
$0.68
Note:Results for the 1998 year incl. a charge of $3.9M from
merger and acquisition costs.
Note:Results for 1997 incl. a charge of $8.9M from plant closing
costs.
Note:Results for 1997 have been restated to reflect the Co.'s
merger with Elexsys International, Inc., which was completed in
November 1997.
d Deficit.
* As reported, on a diluted basis, adjtd. for May '98 2-for-1 stk. split.
Oct. 26, 1998, Sanmina Corp. announced Sept. '98 4Q EPS, $0.41 vs loss of $0.13 and annual
EPS, $1.43 vs $0.68.
Results have been adjtd. for May '98 2-for-1 stk. split.
Results for the 1998 year incl. a charge of $3.9M from merger and acquisition costs.
Results for 1997 incl. a charge of $8.9M from plant closing costs.
Results for 1997 have been restated to reflect the Co.'s merger with Elexsys International,
Including, which was completed in November 1997.
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