Sanmina: Q4 Earnings Insights

Shares of Sanmina SANM moved higher by 4.2% in after-market trading after the company reported Q4 results.

Quarterly Results

Earnings per share were up 30.95% over the past year to $1.10, which beat the estimate of $0.77.

Revenue of $1,875,000,000 decreased by 0.90% from the same period last year, which beat the estimate of $1,790,000,000.

Guidance

Q1 EPS expected to be between $0.75 and $0.85.

Q1 revenue expected to be between $1,700,000,000 and $1,800,000,000.

Details Of The Call

Date: Nov 10, 2020

Time: 05:00 PM

ET Webcast URL: https://www.webcaster4.com/Webcast/Page/1085/38536

Technicals

52-week high: $34.96

Company's 52-week low was at $18.34

Price action over last quarter: Up 3.99%

Company Profile

Sanmina Corp is a provider of integrated manufacturing solutions, components, and after-market services to original equipment manufacturers in the communications networks, storage, industrial, defense and aerospace end markets. The company operates in two business segments: Integrated Manufacturing Solutions, which consists of printed circuit board assembly and represents a majority of the firm's revenue; and Components, Products, and Services, which includes interconnect systems and mechanical systems. The firm generates revenue primarily in the United States, China, and Mexico, but has a presence around the world.