Sanmina-SCI Corp. (SANM) posted first quarter GAAP net income of $59 million or $0.74 per share, compared to a net loss of $26 million or $0.29 per share in the same period a year ago .
Non-GAAP net income in the first quarter was $18 million or $0.23 per share, compared to a net loss of $768 thousand or $0.01 per share in the same quarter last year.
On average, nine analysts polled by Thomson Reuters expected the company to report earnings of $0.13 per share. Analysts' estimates typically exclude special items.
Revenue for the quarter was $1.48 billion, compared to $1.42 billion in the prior year quarter. Nine Wall Street analysts expected revenues of $1.40 billion.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.