Sanmina (SANM) Tops Q2 EPS by 17c; Issues Solid Outlook
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Sanmina Reports Second Quarter Financial Results
April 29, 2019 4:02 PM EDTSAN JOSE, Calif., April 29, 2019 /PRNewswire/ --Â Sanmina Corporation ("Sanmina" or the "Company") (NASDAQ: SANM), a leading integrated manufacturing solutions company, today reported financial results for the second quarter fiscal 2019 ended March 30, 2019.
"We exceeded our expectations for the quarter. Revenue was stronger than anticipated driven by our teams' excellent job in securing supply to catch up to demand. Our ability to control our costs, drive efficiencies and leverage our operating model drove operating margins to 4.1 percent. Non-GAAP EPS of $0.91 was up 9 percent sequentially and 81 percent over the second quarter of fiscal... More
