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Needham & Company Raises Price Target on Sanmina (SANM) 4Q EPS Beat

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Sanmina Reports Fourth Quarter And Fiscal Year End Results

November 1, 2016 4:05 PM EDT

SAN JOSE, Calif., Nov. 1, 2016 /PRNewswire/ -- Sanmina Corporation ("Sanmina" or the "Company") (NASDAQ: SANM), a leading integrated manufacturing solutions company, today reported financial results for the fourth quarter and fiscal year ended October 1, 2016.

Fourth Quarter Fiscal 2016 Summary

Revenue of $1.67 billion GAAP operating margin of 3.3 percent GAAP diluted earnings per share of $1.30(1) Non-GAAP(2) operating margin of 4.2 percent Non-GAAP diluted earnings per share of $0.72

Fiscal Year 2016 Summary

Revenue... More