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Dec 28, 2024
Sanmina Q1 2025 Earnings Report
Sanmina's financial performance was solid, with revenue towards the high end and non-GAAP earnings per share exceeding expectations.
Key Takeaways
Sanmina reported solid first quarter financial results, with revenue towards the high end and non-GAAP earnings per share exceeding the outlook. The company continues to execute well, as evident in its consistent operating margin and cash generation. Positive trends are expected to continue into fiscal year 2025.
Revenue reached $2.01 billion.
GAAP diluted EPS was $1.16.
Non-GAAP diluted EPS was $1.44.
Free cash flow was $47 million.
Sanmina
Sanmina
Forward Guidance
For the second fiscal quarter ending March 29, 2025, Sanmina expects revenue between $1.9 billion to $2.0 billion and GAAP diluted earnings per share between $1.03 to $1.13.
Positive Outlook
- Revenue between $1.9 billion to $2.0 billion
- GAAP diluted earnings per share between $1.03 to $1.13
- Non-GAAP diluted earnings per share between $1.30 to $1.40