Message #8 From:
Stock News Bot Date: November 10, 2006 05:30:00 AM
SLR News Solectron Updates Revenue Guidance
MILPITAS, Calif.--(BUSINESS WIRE)--Solectron Corporation (NYSE:SLR), a leading provider of electronics
manufacturing and integrated supply chain services, prior to its
upcoming Investor Forum in New York on Nov. 13, 2006, today announced
that its expected implementation of a new supply chain management
program with Cisco in the first fiscal quarter of 2007 has been delayed.
The company said that it expects to implement the supply chain program
in the coming quarters of its fiscal 2007.
As a result of this delayed implementation, the company also announced
that it expects to meet or exceed its first quarter fiscal 2007 revenue
guidance of $2.6 to $2.8 billion and that it is maintaining its earnings
per share guidance at 4 cents to 6 cents per share.
About Solectron
Solectron Corporation is one of the world’s
largest providers of complete product lifecycle services. We offer
product design and new product introduction, supply chain management,
Lean manufacturing and aftermarket services such as product warranty
repair and end-of-life support to leading customers worldwide. Solectron
works with the world's premier providers of networking,
telecommunications, computing, storage, consumer, automotive,
industrial, medical, and aerospace and defense products. Our
industry-leading Lean Six Sigma methodology (Solectron Production System™)
provides OEMs with quality, flexibility, innovation and cost benefits
that improve competitive advantage. Based in Milpitas, Calif., Solectron
operates in more than 20 countries on five continents and had sales from
continuing operations of $10.6 billion in fiscal 2006. For more
information, visit us at (www.solectron.com).
Note: SOLECTRON and the Solectron logo are registered trademarks of
Solectron Corporation. The Solectron Production System, SPS, and
Solectron Supply Chain Solutions Suite are also trademarks of Solectron
Corporation. Other names mentioned are trademarks, registered trademarks
or service marks of their respective owners.
