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SanminaSCI Corp. Reports Operating Results (10-Q)

Jan 26, 2012 | About:
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10qk

SanminaSCI Corp. (SANM) filed Quarterly Report for the period ended 2011-12-31.

Sanminasci Corp. has a market cap of $821.8 million; its shares were traded at around $10.86 with a P/E ratio of 9.2 and P/S ratio of 0.1. Sanminasci Corp. had an annual average earning growth of 4.2% over the past 10 years.


This is the annual revenues and earnings per share of SANM over the last 10 years. For detailed 10-year financial data and charts, go to 10-Year Financials of SANM.


Highlight of Business Operations:

A relatively small number of customers have historically generated a significant portion of our net sales. Sales to our ten largest customers represented 49% of our net sales for the three months ended December 31, 2011 and January 1, 2011. Additionally, one customer represented more than 10% of our net sales during the three months ended December 31, 2011 and two customers each represented more than 10% of our net sales during the three months ended January 1, 2011.

We typically generate a significant portion of our net sales from international operations. Sales derived from products manufactured in international locations during the three months ended December 31, 2011 and January 1, 2011 were 81.5% and 82.7%, respectively, of our total net sales. The concentration of international operations has resulted primarily from a desire on

Selling, general and administrative expenses were essentially unchanged at $58.5 million, or 3.5% of net sales, in the first quarter of 2011 compared to $59.1 million, or 3.9% of net sales, in the first quarter of 2012.

Read the The complete Report

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