Sanmina Corp SANM:NASDAQ

Last Price$55.41NASDAQ Previous Close - Last Trade as of 4:00PM ET 6/09/23
NASDAQ 15-minute delayed Bid/Ask Quotes
Today's Change0(0.00%)
Bid (Size)$55.06 (2)
Ask (Size)$55.78 (9)
Day Low / HighN/A - N/A
Volume190.4 K

Sanmina Earnings, Sales Increase in Fiscal Q1; Sets Q2 Guidance -- Shares Jump After-Hours

4:34PM ET 1/30/2023 MT Newswires
Sanmina (SANM) reported fiscal Q1 non-GAAP diluted earnings late Monday of $1.64, up from $1.08 a year earlier.

Analysts polled by Capital IQ expected $1.38.

Net revenue for the quarter that ended Dec. 31 was $2.36 billion, up from $1.76 billion a year earlier.

Analysts surveyed by Capital IQ expected $2.15 billion.

The company said it expects fiscal Q2 non-GAAP diluted earnings of $1.50 to $1.6. Analysts surveyed by Capital IQ expect $1.40.

The company expects revenue for the quarter of between $2.2 billion and $2.3 billion. Analysts polled by Capital IQ expect $2.16 billion.

Shares of the company were up more than 6% in after-hours trading.

Price: 59, Change: +3.46, Percent Change: +6.23