Sanmina-SCI

Sanmina Corp. engages in the provision of integrated manufacturing solutions, components, products and repair, logistics and after-market services. It operates through the following segments: Integrated Manufacturing Solutions (IMS) and Components, Products and Services (CPS). The IMS segment consists of printed circuit board assembly and test, final system assembly and test and direct-order-fulfillment. The CPS segment includes interconnect systems and mechanical systems. The company was founded by Jure Sola in 1980 and is headquartered in San Jose, CA.

Earnings data Q2 2024

SANM reports strong Q2 performance, anticipates mid-teens revenue growth

SANM's Q2 performance exceeded expectations, with strong annual trends and a healthy balance sheet. However, the restatement of historical results and inquiries from analysts highlight the need for transparency and effective communication. Despite challenges, SANM anticipates mid-teens revenue growth and sees opportunities for strategic investments.

Sanmina reports solid Q3 results, eyes India venture for growth

Sanmina's Q3 earnings call highlighted solid financial performance, operational strengths, supply chain challenges, and strategic opportunities. The company's proactive approach to addressing challenges and focus on future growth underscore its resilience and long-term vision. Overall, Sanmina's performance and outlook position it for continued success in the market.

SANM reports strong fiscal year '23 results and projects growth in Q1 FY '24

SANM's fiscal year '23 results demonstrate strong performance and a positive outlook for Q1 FY '24. Despite challenges in inventory adjustments and the auto market, the company maintains a strong balance sheet and is focused on capitalizing on growth opportunities.

Sanmina meets Q1 revenue outlook, faces segment revenue challenges

Sanmina's Q4 2023 earnings call highlighted meeting Q1 revenue outlook, strong cash flow, and effective capital allocation. However, declining segment revenues and inventory challenges pose potential obstacles. The company's focus on long-term growth and the Q2 revenue outlook present opportunities for future performance.

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Alight

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Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Is Sanmina (SANM) Stock Undervalued Right Now?

After reaching an important support level, Sanmina Corporation (SANM) could be a good stock pick from a technical perspective. SANM recently experienced a "golden cross" event, which saw its 50-day simple moving average breaking out above its 200-day simple moving average.

Sanmina (SANM) Just Flashed Golden Cross Signal: Do You Buy?

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TXT, RCL and SANM made it to the Zacks Rank #1 (Strong Buy) growth stocks list on February 8, 2023.

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The list of Silicon Valley's hottest technology companies just got an unlikely addition in Sanmina Corporation NASDAQ: SANM. Shares of the San Jose-based electronic manufacturing services (EMS) provider ran as much as 38% on Tuesday after the company released fiscal 2024 first quarter financial results.

This mid-cap tech stock just jumped 30%

Sanmina (SANM) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

Earnings Estimates Rising for Sanmina (SANM): Will It Gain?

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Sanmina delivered its fiscal Q1 2024 results Monday after the bell, meeting expectations on sales and beating on earnings. Management forecast that earnings will decline sequentially in fiscal Q2 -- but not by as much as Wall Street was expecting.

Why Sanmina Stock Soared 28% Tuesday Morning

Sanmina Corporation (SANM) Q1 2024 Earnings Call Transcript

Shares of Sanmina Corp. rallied after hours on Monday after the tech-systems developer and services provider forecast second-quarter results that were above Wall Street's expectations and said it expected stronger results heading into the second half of the year.

This tech-systems developer is rallying, after earlier warnings of customer caution

SAN JOSE, Calif. , Jan. 29, 2024 /PRNewswire/ -- Sanmina Corporation ("Sanmina" or the "Company") (NASDAQ: SANM), a leading integrated manufacturing solutions company, today reported financial results for the fiscal first quarter ended December 30, 2023 and outlook for its fiscal second quarter ending March 30, 2024.

Sanmina's First Quarter Fiscal 2024 Financial Results

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SAN JOSE, Calif. , Jan. 22, 2024 /PRNewswire/ -- Sanmina Corporation (NASDAQ: SANM) announced today that it will host its first quarter fiscal 2024 earnings conference call on Monday, January 29, 2024 at 5:00 PM ET.

SANMINA CORPORATION INVITES YOU TO JOIN ITS FIRST QUARTER FISCAL 2024 EARNINGS CONFERENCE CALL

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SAN JOSE, Calif. , Dec. 5, 2023 /PRNewswire/ -- Sanmina Corporation ("Sanmina" or the "Company") (NASDAQ: SANM), a leading integrated manufacturing solutions company, announced today that Jon Faust has been appointed Executive Vice President and Chief Financial Officer, effective December 18, 2023.

SANMINA APPOINTS JON FAUST AS EXECUTIVE VICE PRESIDENT AND CHIEF FINANCIAL OFFICER

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Sanmina Corporation's Q4 earnings report showed a decline in revenue and EPS, leading to a weak outlook for 2024. The market reacted negatively, causing SANM stock price to drop by nearly 15%. The Company faces challenges in its business, such as an inefficient growth strategy and a strong competitive environment. We think that the market has reflected these factors in Sanmina's valuation.

Sanmina: The Power Of Margin Expansion And Value Unlocked

Redefining manufacturing excellence with global reach and industry expertise SAN JOSE, Calif. , Nov. 9, 2023 /PRNewswire/ -- 42Q, a Sanmina division and a recognized market leader in manufacturing execution systems (MES), is proud to announce the release of its latest and most innovative platform to date—42Q Smart Manufacturing V16.0.

Introducing 42Q Smart Manufacturing V16.0

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News for Sanmina-SCI Stock (SANM)