Skip to main content

Sanmina: Fiscal Q1 Earnings Snapshot

SAN JOSE, Calif. (AP) — SAN JOSE, Calif. (AP) — Sanmina Corp. (SANM) on Monday reported net income of $49.3 million in its fiscal first quarter.

On a per-share basis, the San Jose, California-based company said it had profit of 89 cents. Earnings, adjusted for one-time gains and costs, were $2.38 per share.

The electronics manufacturing services company posted revenue of $3.19 billion in the period.

For the current quarter ending in March, Sanmina expects its per-share earnings to range from $2.25 to $2.55.

The company said it expects revenue in the range of $3.1 billion to $3.4 billion for the fiscal second quarter.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SANM at https://www.zacks.com/ap/SANM

TEst Draft

updated by pwenzel 3:13pm
Read Next Story