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Oct 02, 2021
Sanmina Q4 2021 Earnings Report
Sanmina reported solid financial results for Q4 2021, with revenue of $1.64 billion and GAAP EPS of $0.84.
Key Takeaways
Sanmina Corporation reported its Q4 and full fiscal year 2021 financial results. The company's Q4 revenue reached $1.64 billion, with a GAAP diluted EPS of $0.84 and a non-GAAP diluted EPS of $0.95. The company's FY21 revenue was $6.76 billion, with a GAAP diluted EPS of $4.01 and a non-GAAP diluted EPS of $3.97.
Q4 revenue was $1.64 billion.
Q4 GAAP diluted EPS was $0.84.
Q4 Non-GAAP diluted EPS was $0.95.
The board of directors has authorized the repurchase of up to an additional $200 million of Sanmina’s common stock.
Sanmina
Sanmina
Forward Guidance
The following outlook is for the first fiscal quarter ending January 1, 2022. These statements are forward-looking and actual results may differ materially.
Challenges Ahead
- Ongoing impacts of the COVID-19 pandemic.
- Disruptions to the supply chain that have prevented the Company from shipping all products for which there is demand.
- 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.