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.
Sanmina-SCI gapped open higher Tuesday and has continued to gain ground in early trade. The stock is now up 1.07 at $8.25 on above average volume and has set a 3-week high.
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