SAN JOSE, Calif. (AP) _ Sanmina Corp. (SANM) on Wednesday reported fiscal third-quarter net income of $44.9 million.
The San Jose, California-based company said it had net income of 64 cents per share. Earnings, adjusted for stock option expense and pretax expenses, came to 86 cents per share.
The electronics manufacturing services company posted revenue of $1.65 billion in the period.
For the current quarter ending in September, Sanmina expects its per-share earnings to range from 73 cents to 83 cents.
The company said it expects revenue in the range of $1.73 billion to $1.83 billion for the fiscal fourth quarter.
Sanmina shares have fallen 25% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $25.84, a decline of 21% in the last 12 months.