Sanmina Addresses COVID-19 And Impact On Its Second Fiscal Quarter
Sanmina Corporation (SANM)
Last sanmina corporation earnings: 4/27 04:02 pm
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US:NASDAQ Investor Relations:
ir.sanmina.com/investor-relations/overview/default.aspx
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Source: PR Newswire
SAN JOSE, Calif., March 12, 2020 /PRNewswire/ -- Sanmina Corporation ("Sanmina" or the "Company") (NASDAQ: SANM), today announced as the result of the impact of COVID-19, that it does not expect to meet the second quarter fiscal 2020 financial outlook provided on January 27, 2020."We continue to monitor this evolving situation, and the safety and health of our employees, customers and partners remain a priority," stated Hartmut Liebel, Chief Executive Officer of Sanmina Corporation. "I would like to thank our employees who have worked tirelessly in conjunction with our customers to mitigate supply chain disruption and support their demand requirements. While the full impact and duration of the COVID-19 outbreak is unknown at this time, we believe the company has a strong operating model and solid balance sheet which will enable us to weather this disruption. We remain confident in our long-term prospects and strategy, and we will continue to manage Sanmina in a measured way to build
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SANM
News
- Sanmina Co. (NASDAQ: SANM) was upgraded by analysts at StockNews.com from a "hold" rating to a "buy" rating.MarketBeat
- Sanmina Co. (NASDAQ: SANM) was upgraded by analysts at StockNews.com from a "hold" rating to a "buy" rating.MarketBeat
- Sanmina Co. (NASDAQ: SANM) had its price target raised by analysts at Craig Hallum from $62.00 to $69.00. They now have a "hold" rating on the stock.MarketBeat
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SANM
Earnings
- 11/4/24 - Beat
SANM
Sec Filings
- 11/12/24 - Form SC
- 11/8/24 - Form SC
- 11/8/24 - Form 4
- SANM's page on the SEC website