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Sanmina announces CEO transition and reaffirms Q4 outlook

Aug. 31, 2018 8:38 AM ETSanmina Corporation (SANM) StockBy: Niloofer Shaikh, SA News Editor2 Comments
  • Sanmina Corporation (NASDAQ:SANM) announced the resignation of Bob Eulau its Chief Executive Officer and appointed Michael Clarke, a member of the Board of Directors since 2013, as Chief Executive Officer, effective October 1.
  • In the interim, Jure Sola will lead the Company as Executive Chairman.
  • The Company also reaffirmed its Q4 outlook and continues to expect revenue to be in the range of $1.825B to $1.875B; GAAP diluted EPS of $0.50 to $0.5 and non-GAAP diluted EPS of $0.63 to $0.69.

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