Sanmina Reports First Quarter Fiscal 2016 Results

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Needham & Company Reiterates Buy Following Sanmina's (SANM) Solid 1Q Results

January 26, 2016 8:08 AM EST

Needham & Company reiterated a Buy rating and $27.00 price target on Sanmina-SCI Corp. (NASDAQ: SANM) following the company's 1Q earnings report. SANM reported 1Q results on 1/25, with revenue of $1.53B slightly below guidance for $1.55-1.60B and non-GAAP EPS of $0.58 within the $0.56-0.60 range.... More

Citi Upgrades Sanmina (SANM) to Neutral

January 26, 2016 7:22 AM EST

Citi upgraded Sanmina (NASDAQ: SANM) from Sell to Neutral.

For an analyst ratings summary and ratings history on Sanmina click here. For more ratings news on Sanmina. click here.

Shares of Sanmina closed at $17.38 yesterday.

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Sanmina (SANM) Reports In-Line Q1 EPS; Issues Solid Q2 Outlook

January 25, 2016 4:07 PM EST

Sanmina (NASDAQ: SANM) reported Q1 EPS of $0.58, in-line with the analyst estimate of $0.58. Revenue for the quarter came in at $1.53 billion versus the consensus estimate of $1.59 billion.

GUIDANCE:

Sanmina sees Q2 2016 EPS of $0.55-$0.59, versus the consensus of $0.52. Sanmina sees Q2... More