Sanmina (SANM) Tops Q2 EPS by 13c; Guides Q3 Above Street

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Go back to Sanmina (SANM) Tops Q2 EPS by 13c; Guides Q3 Above Street

SANMINA REPORTS SECOND QUARTER FISCAL 2022 FINANCIAL RESULTS

May 2, 2022 4:01 PM EDT

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

Second Quarter Fiscal 2022 Financial Highlights

Revenue: $1.91 billion, exceeded outlookGAAP operating margin: 4.3%GAAP diluted EPS: $0.83Non-GAAP(1) operating margin: 5.0%Non-GAAP diluted EPS: $1.14, exceeded outlook

Additional Second Quarter Highlights

Cash flow from operations: $79 millionFree cash flow: $52... More