Sanmina-SCI Corporation (SANM) announced a profit for fourth quarter that decreased compared to the same period last year.
The company said its earnings came in at $47.70 million, or $0.57 per share. This was lower than $53.41 million, or $0.61 per share, in last year's fourth quarter.
Analysts had expected the company to earn $0.55 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company said revenue for the quarter fell 3.0% to $1.64 billion. This was down from $1.69 billion last year.
Sanmina-SCI Corporation earnings at a glance:
-Earnings (Q4): $47.70 Mln. vs. $53.41 Mln. last year.
-Earnings Decline (Y-o-Y): -10.7%
-EPS (Q4): $0.57 vs. $0.61 last year.
-EPS Decline (Y-o-Y): -6.6%
-Analysts Estimate: $0.55
-Revenue (Q4): $1.64 Bln vs. $1.69 Bln last year.
-Revenue Change (Y-o-Y): -3.0%
-Guidance:
Next quarter EPS guidance: $0.56 - $0.60
Next quarter revenue guidance: $1.55 - $1.60 Bln
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