Sanmina (SANM) Tops Q1 EPS by 13c

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SANMINA REPORTS FIRST QUARTER FISCAL 2022 FINANCIAL RESULTS

January 31, 2022 4:01 PM EST

SAN JOSE, Calif., Jan. 31, 2022 /PRNewswire/ -- Sanmina Corporation ("Sanmina" or the "Company") (NASDAQ: SANM), a leading integrated manufacturing solutions company, today reported financial results for the fiscal first quarter ended January 1, 2022 and outlook for its fiscal second quarter ending April 2, 2022.

First Quarter Fiscal 2022 Financial Highlights

Revenue: $1.76 billion GAAP operating margin: 4.6% GAAP diluted EPS: $0.89 Non-GAAP(1) operating margin: 5.0% Non-GAAP diluted EPS: $1.08

Additional First Quarter Highlights

Cash flow from operations: $68 million Free cash flow: $51 million Share repurchases: 1.55 million for... More