Financial Results and Acquisitions - Research Report on Sanmina, TE Connectivity, Advanced Energy, Ametek, and Nam Tai PR Newswire NEW YORK, November 14, 2013 NEW YORK, November 14, 2013 /PRNewswire/ -- Editor Note: For more information about this release, please scroll to bottom. Today, Analysts' Corner announced new research reports highlighting Sanmina-SCI Corp. (NASDAQ: SANM), TE Connectivity Ltd. (NYSE: TEL), Advanced Energy Industries, Inc. (NASDAQ: AEIS), Ametek Inc. (NYSE: AME), and Nam Tai Electronics, Inc. (NYSE: NTE). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below. Sanmina-SCI Corp. Research Report On October 28, 2013, Sanmina-SCI Corp. (Sanmina) reported its financial results for Q4 FY 2013 and FY 2013 (period ended September 28, 2013). The Company's revenue for the quarter totaled $1.51 billion, compared to $1.58 billion in Q4 FY 2012. GAAP diluted EPS was $0.44 during the quarter, compared to $1.96 in Q4 FY 2012. GAAP operating margin was 3.0% in Q4 FY 2013, versus 2.0% in Q4 FY 2012. Jure Sola, Chairman and CEO of Sanmina commented, "Our fourth quarter results were solid. Revenue was up modestly, operating margins expanded 40 basis points sequentially and we generated cash flow from operations of $90 million for the quarter and $318 million for the fiscal year. Our continued focus on cash generation provided us the financial flexibility to reduce our long-term debt $275 million for the year." The Company anticipates Q1 FY 2014 revenue to be in the range of c.$1.43 billion to $1.48 billion and non-GAAP diluted EPS to be between $0.35 and $0.41. The Full Research Report on Sanmina-SCI Corp. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/c337_SANM] -- TE Connectivity Ltd. Research Report On October 30, 2013, TE Connectivity Ltd. (TE Connectivity) reported its Q4 FY 2013 financial results (period ended September 27, 2013). The Company reported net sales growth of 2.0% YoY to $3.4 billion. Adjusted EPS for the quarter grew 22% YoY to $0.93, while GAAP diluted EPS from continuing operations stood at $0.92. TE Connectivity's Chairman and CEO, Tom Lynch stated, "I am pleased with our fourth quarter results and the strong finish to our fiscal year. Our Transportation segment continued to perform extremely well and demand in our Telecom Networks and Industrial businesses strengthened. Adjusted EPS of $0.93 was a record for the Company and adjusted operating margin was very strong at 15.7 percent. During the year we returned $1.2 billion to shareholders through dividends and share repurchases. This is our sixth consecutive year with a free cash flow-to-sales ratio of 10 percent or greater." For Q1 FY 2014, the Company expects net sales to range between c.$3.2 to c.$3.3 billion, adjusted EPS to be between $0.74 to $0.78. The Full Research Report on TE Connectivity Ltd. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/5645_TEL] -- Advanced Energy Industries, Inc. Research Report On November 4, 2013, Advanced Energy Industries, Inc. (Advanced Energy) reported its Q3 2013 financial results. Total sales stood at $142.9 million in Q3 2013, compared with $117.5 million in Q3 2012. Net income totaled at $687,000 or $0.02 per diluted share in Q3 2013, compared with that of $5.7 million or $0.15 per diluted share in Q3 2012. Garry Rogerson, CEO of Advanced Energy commented, "As we approach the end of 2013, we had yet another sound quarter reflecting the significant progress we are making towards our strategic objectives. With increasing backlog, a growing number of new products and entrance into new applications and geographies, we believe we are poised for continued profitable growth opportunities as we head into 2014." The Company anticipates Q4 2013 EPS to be in the range of $0.47 to $0.52 (excluding restructuring charges of c.$500,000), and sales to be between $145 million to $155 million. The Full Research Report on Advanced Energy Industries, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/08e5_AEIS] -- Ametek Inc. Research Report On October 29, 2013, Ametek Inc. (Ametek) announced its acquisition of Creaform Inc. (Creaform) for c.$120 million. Ametek stated that Creaform is the industry leader in stand-alone portable 3D scanners. Commenting on the acquisition, Frank S. Hermance, Ametek Chairman and CEO stated, "Creaform is an outstanding acquisition. It has an impressive R&D base and an industry-leading position across a number of high growth market applications. Creaform significantly expands the range of non-contact metrology products offered by our Ultra Precision Technology business." The Full Research Report on Ametek Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/7504_AME] -- Nam Tai Electronics, Inc. Research Report On November 4, 2013, Nam Tai Electronics, Inc. (Nam Tai) reported its unaudited Q3 2013 financial results. Net sales for the quarter grew 61.5% YoY to $284.2 million. Net income totaled $18 million for Q3 2013, compared to $24.6 million in Q3 2012. Diluted EPS for the quarter was $0.40, compared to $0.54 in Q3 2012. The Company stated that the decline in net income resulted from the impact of the lost order in the Company's operation in Wuxi. The Full Research Report on Nam Tai Electronics, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/290c_NTE] ---- EDITOR NOTES: 1.This is not company news. We are an independent source and our views do not reflect the companies mentioned. 2.Information in this release is fact checked and produced on a best efforts basis and reviewed by Namrata Maheshwari, a CFA charterholder. However, we are only human and are prone to make mistakes. 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Financial Results and Acquisitions - Research Report on Sanmina, TE Connectivity, Advanced Energy, Ametek, and Nam Tai
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