Sanmina-SCI Corp. (SANM) reported third quarter non-GAAP EPS of $0.26 after the bell Monday, down from $0.42 in the prior year period. The consensus estimate was for EPS of $0.29. The company expects to report fourth quarter non-GAAP EPS of $0.32 to $0.38, compared to the consensus estimate of $0.34. The stock is now up 0.82 on 27K shares.
Sanmina-SCI gapped open slightly lower Monday, but traded in a range for the majority of the session. Shares finished down by 0.23 at $7.18. The stock set over a one-month low.
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