Sanmina Corporation (SANM) reported earnings for its second quarter that Increases, from the same period last year
The company's earnings totaled $93.64 million, or $1.70 per share. This compares with $64.20 million, or $1.16 per share, last year.
Excluding items, Sanmina Corporation reported adjusted earnings of $173.92 million or $3.16 per share for the period.
The company's revenue for the period rose 102.5% to $4.01 billion from $1.98 billion last year.
Sanmina Corporation earnings at a glance (GAAP) :
-Earnings: $93.64 Mln. vs. $64.20 Mln. last year.-EPS: $1.70 vs. $1.16 last year.-Revenue: $4.01 Bln vs. $1.98 Bln last year.
-Guidance:Next quarter EPS guidance: $ 2.55 To $ 2.85Next quarter revenue guidance: $ 3.2 B To $ 3.5 BFull year EPS guidance: $ 10.75 To $ 11.35Full year revenue guidance: $ 13.7 B To $ 14.3 B
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April 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.