Profile
Sector:
TechnologyIndustry:
Electronic ComponentsCountry:
United StatesIPO:
14 April 1993Website:
http://www.sanmina.comNext earnings report:
31 July 2024Last dividends:
N/ANext dividends:
N/APrice
after hours | Tue, 02 Jul 2024 20:38:30 GMTDividend
Analysts recommendations
Institutional Ownership
SANM Latest News
SAN JOSE, Calif., June 13, 2024 /PRNewswire/ -- 42Q, a Sanmina division, a leading provider of cloud-based Manufacturing Execution Systems (MES), announces the launch of its latest innovation in customer interaction and manufacturing automation: an advanced chatbot powered by Amazon Bedrock.
The manufacturer of electronic components had a varied fiscal second quarter, with decreases in both revenue and profits.
Sanmina Corporation's Q2 2024 Results Conference Call is scheduled for April 29, 2024 at 5:00 PM ET. Participants include Paige Melching, Jure Sola, and Jon Faust. Conference call attendees include Ruplu Bhattacharya, Steven Fox, Anja Soderstrom, and Christian Schwab. The operator opens the call by welcoming everyone to Sanmina's Second Quarter Fiscal 2024 Earnings Conference Call.
Sanmina (SANM) reported quarterly earnings of $1.30 per share, surpassing the Zacks Consensus Estimate of $1.26 per share. In comparison, earnings were $1.59 per share in the same quarter last year.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
After reaching an important support level, Sanmina Corporation (SANM) could be a good stock pick from a technical perspective. SANM recently experienced a "golden cross" event, which saw its 50-day simple moving average breaking out above its 200-day simple moving average.
The list of Silicon Valley's hottest technology companies just got an unlikely addition in Sanmina Corporation NASDAQ: SANM. Shares of the San Jose-based electronic manufacturing services (EMS) provider ran as much as 38% on Tuesday after the company released fiscal 2024 first quarter financial results.
Sanmina (SANM) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
Sanmina delivered its fiscal Q1 2024 results Monday after the bell, meeting expectations on sales and beating on earnings. Management forecast that earnings will decline sequentially in fiscal Q2 -- but not by as much as Wall Street was expecting.
Sanmina Corporation (SANM) Q1 2024 Earnings Call Transcript
- 1(current)
What type of business is Sanmina?
Sanmina Corporation is an American provider of electronics manufacturing services (EMS) headquartered in San Jose, California, serving original equipment manufacturers in the communication and computer equipment industries. The company has nearly 80 manufacturing facilities and is one of the largest independent manufacturers of printed circuit boards and interconnect systems in the world. The company was previously known as Sanmina-SCI Corporation and changed its name to Sanmina Corporation in November 2012. Sanmina Corporation was founded in 1980 and is headquartered in San Jose, California.
What sector is Sanmina in?
Sanmina is in the Technology sector
What industry is Sanmina in?
Sanmina is in the Electronic Components industry
What country is Sanmina from?
Sanmina is headquartered in United States
When did Sanmina go public?
Sanmina initial public offering (IPO) was on 14 April 1993
What is Sanmina website?
https://www.sanmina.com
Is Sanmina in the S&P 500?
No, Sanmina is not included in the S&P 500 index
Is Sanmina in the NASDAQ 100?
No, Sanmina is not included in the NASDAQ 100 index
Is Sanmina in the Dow Jones?
No, Sanmina is not included in the Dow Jones index
When does Sanmina report earnings?
The next expected earnings date for Sanmina is 31 July 2024