Sanmina Corporation (SANM) announced earnings for fourth quarter that Decreased from the same period last year and missed the Street estimates.
The company's earnings totaled $48.06 million, or $0.88 per share. This compares with $61.38 million, or $1.09 per share, last year.
Excluding items, Sanmina Corporation reported adjusted earnings of $91.44 million or $0.88 per share for the period.
Analysts on average had expected the company to earn $1.57 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period rose 4.0% to $2.09 billion from $2.01 billion last year.
Sanmina Corporation earnings at a glance (GAAP) :
-Earnings: $48.06 Mln. vs. $61.38 Mln. last year.-EPS: $0.88 vs. $1.09 last year.-Revenue: $2.09 Bln vs. $2.01 Bln last year.
-Guidance:Next quarter EPS guidance: $1.95 - $2.25Next quarter revenue guidance: $2.9 - $3.2 Bln
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