Sanmina: Overview of First Fiscal Quarter Results

Sanmina Corp. Announces First Quarter Financial Results

Sanmina Corp., headquartered in San Jose, California, revealed a net profit of $49.3 million for its fiscal first quarter.

The company reported earnings of $0.89 per share. After accounting for special items, adjusted earnings reached $2.38 per share.

During this period, the electronics manufacturing services provider generated $3.19 billion in revenue.

Looking ahead to the quarter ending in March, Sanmina projects earnings per share between $2.25 and $2.55.

Revenue for the upcoming fiscal second quarter is anticipated to fall within the range of $3.1 billion to $3.4 billion.