Sanmina: Fiscal Q1 Earnings Snapshot

Associated Press Finance
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SAN JOSE, Calif. (AP) — SAN JOSE, Calif. (AP) — Sanmina Corp. (SANM) on Monday reported earnings of $57.1 million in its fiscal first quarter.

The San Jose, California-based company said it had net income of 98 cents per share. Earnings, adjusted for stock option expense and pretax expenses, were $1.30 per share.

The electronics manufacturing services company posted revenue of $1.87 billion in the period.

For the current quarter ending in March, Sanmina expects its per-share earnings to range from $1.20 to $1.30.

The company said it expects revenue in the range of $1.83 billion to $1.93 billion for the fiscal second quarter.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SANM at https://www.zacks.com/ap/SANM

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