Additional information regarding the economic substance of each exclusion, management's use of the resultant non-GAAP measures, the material limitations of management's approach and management's methods for compensating for such limitations is provided below.SAN JOSE, Calif., April 27, 2020 /PRNewswire/ -- Sanmina Corporation ("Sanmina" or the "Company") (NASDAQ: SANM), a leading integrated manufacturing solutions company, today reported financial results for the second quarter fiscal 2020 ended March 28, 2020. "Our strong balance sheet, continued focus on controlling our costs, generating cash, and our unwavering support for our customers providing innovative technologies and solutions gives me confidence that we are ready and well positioned for the recovery," concluded Liebel. Sanmina Corporation 2700 North First Street San Jose, CA 95134 Tel 1 408 964 3500 Fax 1 408 964 3440 Concept, Design & Engineering, Prototype, Manufacturing, Production, End-of-Life. Sanmina Corp is a corporation in San Jose, California. SAN JOSE, Calif., April 27, 2020 /PRNewswire/ -- Sanmina Corporation ("Sanmina" or the "Company") (NASDAQ: SANM), a leading integrated manufacturing solutions company, today reported financial results for the second quarter fiscal 2020 ended March 28, 2020. Sanmina Corporation 2700 North First Street San Jose, CA 95134 Tel 1 408 964 3500 Fax 1 408 964 3440
It is one of … Management compensates for these limitations primarily by reviewing GAAP results to obtain a complete picture of the Company's performance and by including a reconciliation of non-GAAP results to GAAP results in its earnings releases.The Company is under no obligation to (and expressly disclaims any such obligation to) update or alter any of the forward-looking statements made in this earnings release, the conference call or the Investor Relations section of our website whether as a result of new information, future events or otherwise, unless otherwise required by law.The outlook above constitutes forward-looking statements within the meaning of the safe harbor provisions of Section 21E of the Securities Exchange Act of 1934. Sanmina-Sci 60 E Plumeria Dr San Jose, CA - MapQuest Get directions, reviews and information for Sanmina-Sci in San Jose, CA. "These are unprecedented times and I am grateful to our employees for their strength and commitment to Sanmina and our customers, many of whom are providing essential products during this crisis. "Management excludes these items principally because such charges or benefits are not directly related to the Company's ongoing core business operations. Sanmina 2050 Bering Dr San Jose, CA Nonclassified Establishments - MapQuest. Management excludes from these measures stock-based compensation, restructuring, acquisition and integration expenses, impairment charges, amortization charges and other unusual or infrequent items, as adjusted for taxes, as more fully described below. Actual results could differ materially from those projected in these statements as a result of a number of factors, mostly notably the ongoing impacts of the COVID-19 pandemic which have reduced and are expected to continue to reduce demand from our customers, interrupt the flow of components needed for our customers' products, restrict the types of products we can build for our customers and create health risks to our employees. Menu & Reservations Make Reservations .
Sanmina Corporation 2700 North First Street San Jose, CA 95134 Tel 1 408 964 3500 Fax 1 408 964 3440 Other factors that could cause our results to differ from our outlook include adverse changes to the key markets we target; significant uncertainties that can cause our future sales and net income to be variable; reliance on a small number of customers for a substantial portion of our sales; risks arising from our international operations; and the other factors set forth in the Company's annual and quarterly reports filed with the Securities Exchange Commission ("SEC").The commentary and financial information above includes non-GAAP measures of operating income, operating margin, net income and diluted earnings per share. Sanmina 355 E Trimble Rd San Jose CA 95131. The health and safety of our employees is our top priority and we continue to take precautionary measures," stated Hartmut Liebel, Chief Executive Officer. Get directions, reviews and information for Sanmina in San Jose, CA. Find company research, competitor information, contact details & financial data for Sanmina Corporation of San Jose, CA. Complete end-to-end solutions for Original Equipment Manufacturers. The employer identification number (EIN) for Sanmina Corp is 770228183. I am most impressed by how well our leadership team responded to these new challenges as we continue to navigate the evolving situation on the global supply chain. "While the financial results for our second fiscal quarter were influenced significantly by COVID-19, I am pleased to report we were still able to generate $119 million of free cash flow and maintain a strong balance sheet with over $1.1 billion in cash.