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Stock impact report

Sanmina Reports Fourth Quarter and Fiscal 2024 Financial Results

Sanmina Corporation (SANM) 
Last sanmina corporation earnings: 4/27 04:02 pm Check Earnings Report
Company Research Source: PR Newswire
SAN JOSE, Calif., Nov. 4, 2024 /PRNewswire/ -- Sanmina Corporation ("Sanmina" or the "Company") (NASDAQ: SANM), a leading integrated manufacturing solutions company, today reported financial results for the fourth quarter and fiscal year ended September 28, 2024 and outlook for its fiscal first quarter ending December 28, 2024.Fourth Quarter Fiscal 2024 Financial Highlights•    Revenue: $2.02 billion•    GAAP operating margin: 4.4%•    GAAP diluted EPS: $1.09•    Non-GAAP(1) operating margin: 5.3%•    Non-GAAP(1) diluted EPS: $1.43Fiscal Year 2024 Financial Highlights•    Revenue: $7.57 billion•    GAAP operating margin: 4.4%•    GAAP diluted EPS: $3.91•    Non-GAAP(1) operating margin: 5.4%•    Non-GAAP(1) diluted EPS: $5.28Additional Highlights•    Cash flow from operations: Q4 $52 million and FY'24 $340 million•    Free cash flow(2): $29 million in Q4 and $231 million in FY'24•    Share repurchases: 0.9 million shares for $65 million in Q4 and approximately 4.0 million shares for $ Show less Read more
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