Sanmina: Fiscal Q4 Earnings Snapshot

Associated Press Finance
1 min read
0
In this article:

SAN JOSE, Calif. (AP) — SAN JOSE, Calif. (AP) — Sanmina Corp. (SANM) on Monday reported net income of $61.8 million in its fiscal fourth quarter.

The San Jose, California-based company said it had profit of $1.04 per share. Earnings, adjusted for stock option expense and restructuring costs, were $1.42 per share.

The electronics manufacturing services company posted revenue of $2.05 billion in the period.

For the year, the company reported profit of $310 million, or $5.18 per share. Revenue was reported as $8.94 billion.

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

The company said it expects revenue in the range of $1.85 billion to $1.95 billion for the fiscal first quarter.

_____

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

Advertisement

Recommended Stories