Sanmina (SANM) Tops Q2 EPS by 6c

Sanmina (NASDAQ: SANM) reported Q2 EPS of $0.76, $0.06 better than the analyst estimate of $0.70. Revenue for the quarter came in at $1.68 billion versus the consensus estimate of $1.71 billion.

Third Quarter Fiscal 2017 OutlookThe following forecast is for the third fiscal quarter ending July 1, 2017. These statements are forward-looking and actual results may differ materially.

• Revenue between $1.7 billion to $1.8 billion
• GAAP diluted earnings per share between $0.65 to $0.70, including stock-based compensation expense of $0.06 and amortization of intangible assets of $0.01
• Non-GAAP diluted earnings per share between $0.72 to $0.77

GUIDANCE:

Sanmina sees Q3 2017 EPS of $0.72-$0.77, versus the consensus of $0.72. Sanmina sees Q3 2017 revenue of $1.7-1.8 billion, versus the consensus of $1.73 billion.

For earnings history and earnings-related data on Sanmina (SANM) click here.

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