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Sep 28, 2024
Sanmina Q4 2024 Earnings Report
Sanmina's Q4 2024 financial performance showed revenue of $2.02 billion and GAAP EPS of $1.09.
Key Takeaways
Sanmina reported solid momentum in Q4 2024, with revenue up 9.6 percent sequentially and non-GAAP diluted earnings per share up 14.3 percent over the prior quarter. The company saw growth primarily in communications networks and cloud infrastructure. Fiscal year 2024 results were in line with expectations, with a solid year of cash flow from operations and the repurchase of 4 million shares.
Q4 revenue reached $2.02 billion.
GAAP operating margin was 4.4%.
GAAP diluted EPS was $1.09.
Non-GAAP diluted EPS was $1.43.
Sanmina
Sanmina
Forward Guidance
For the fiscal first quarter ending December 28, 2024, Sanmina expects revenue between $1.925 billion to $2.025 billion, GAAP diluted earnings per share between $1.03 to $1.13, and non-GAAP diluted earnings per share between $1.30 to $1.40.