CFRA Upgrades Sanmina-SCI Corp. (SANM) to Buy
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SANMINA REPORTS FIRST QUARTER FISCAL 2022 FINANCIAL RESULTS
January 31, 2022 4:01 PM ESTSAN JOSE, Calif., Jan. 31, 2022 /PRNewswire/ --Â 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: $1.08Additional First Quarter Highlights
Cash flow from operations: $68 million Free cash flow: $51 million Share repurchases: 1.55 million for... More
