SANMINA REPORTS FOURTH QUARTER AND FISCAL 2023 FINANCIAL RESULTS

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Go back to SANMINA REPORTS FOURTH QUARTER AND FISCAL 2023 FINANCIAL RESULTS

Sanmina (SANM) tumbles as ongoing customer inventory adjustments impact Q4 revenue

November 7, 2023 11:39 AM EST

Sanmina (NASDAQ: SANM) shares plunged more than 14% Tuesday after its latest earnings release missed consensus expectations.

The company reported Q4 EPS of $1.42, $0.03 worse than the analyst estimate of $1.45. Revenue for the quarter came in at $2.05 billion, down 7% YoY but below the consensus estimate of $2.15 billion.

Revenue for the fourth quarter... More

Sanmina (SANM) falls 10% on miss and lower guidance

November 6, 2023 4:07 PM EST

Sanmina (NASDAQ: SANM) sinks 10% following weak Q4 results and Q1 guidance:

Sanmina (NASDAQ: SANM) reported Q4 EPS of $1.42, $0.03 worse than the analyst estimate of $1.45. Revenue for the quarter came in at $2.05 billion versus the consensus estimate of $2.15... More

Sanmina (SANM) Misses Q4 EPS by 3c; guides lower

November 6, 2023 4:05 PM EST

Sanmina (NASDAQ: SANM) reported Q4 EPS of $1.42, $0.03 worse than the analyst estimate of $1.45. Revenue for the quarter came in at $2.05 billion versus the consensus estimate of $2.15 billion.

GUIDANCE:

Sanmina sees Q1 2024 EPS of $1.20-$1.30, versus the consensus of $1.45. Sanmina sees Q1... More