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

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Sanmina Reports First Quarter Fiscal 2016 Results

January 25, 2016 4:05 PM EST

SAN JOSE, Calif., Jan. 25, 2016 /PRNewswire/ -- Sanmina Corporation ("Sanmina" or the "Company") (NASDAQ: SANM), a leading integrated manufacturing solutions company, today reported financial results for the first fiscal quarter ended January 2, 2016.

First Quarter Fiscal 2016 Summary

Revenue of $1.53 billion GAAP operating margin of 3.5 percent GAAP diluted earnings per share of $0.33 Non-GAAP(1) operating margin of 4.0 percent Non-GAAP(1) diluted earnings per share of $0.58

Revenue for the first quarter was $1.53 billion, compared to $1.64 billion in the prior quarter... More