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Apr 01, 2023
Sanmina Q2 2023 Earnings Report
Reported strong top and bottom line results for the second quarter, reflecting continued improvement in the supply chain environment and excellent operational execution.
Key Takeaways
Sanmina reported strong financial results for the second quarter of fiscal year 2023, with revenue of $2.32 billion and GAAP diluted EPS of $1.33. The company's performance reflects improvements in the supply chain and operational execution.
Delivered strong top and bottom line results for the second quarter.
Experienced continued improvement in the supply chain environment.
Demonstrated excellent operational execution to support customer demand.
Fiscal 2023 is shaping up to be a healthy growth year.
Sanmina
Sanmina
Forward Guidance
The following outlook is for the fiscal third quarter ending July 1, 2023. These statements are forward-looking and actual results may differ materially.
Challenges Ahead
- Ongoing supply chain constraints, including those resulting from the continuing impacts of the COVID-19 pandemic.
- Geopolitical uncertainty, including from the conflict in Ukraine.
- Adverse changes to the key markets we target.
- Significant uncertainties that can cause our future sales and net income to be variable.
- Reliance on a small number of customers for a substantial portion of our sales.