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Mar 30, 2024
Sanmina Q2 2024 Earnings Report
Sanmina's financial results for the second quarter of fiscal year 2024 were reported.
Key Takeaways
Sanmina reported revenue of $1.83 billion and GAAP diluted EPS of $0.93 for the second quarter of fiscal year 2024. The company saw positive movement in some end-markets and remains optimistic about sequential improvement throughout 2024.
Revenue was $1.83 billion.
GAAP operating margin was 4.1%.
GAAP diluted EPS was $0.93.
Cash and cash equivalents ended at $651 million.
Forward Guidance
For the fiscal third quarter ending June 29, 2024, Sanmina expects revenue between $1.8 billion and $1.9 billion, GAAP diluted earnings per share between $0.95 and $1.05, and non-GAAP diluted earnings per share between $1.22 and $1.32.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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