Sanmina-sci ( (SANM) ) has released its Q2 earnings. Here is a breakdown of the information Sanmina-sci presented to its investors.
Sanmina Corporation, a Fortune 500 company, is a prominent provider of integrated manufacturing solutions, serving key segments in the global Electronics Manufacturing Services market, including industrial, medical, and aerospace sectors. In its recent earnings report for the second quarter of fiscal 2025, Sanmina reported robust financial results with revenue reaching $1.98 billion and a GAAP operating margin of 4.6%. The company’s non-GAAP diluted earnings per share stood at $1.41, surpassing its outlook, while cash flow from operations was a solid $157 million. Key financial highlights include a free cash flow of $126 million and share repurchases amounting to $84 million. Sanmina’s strategic focus on operational execution and its regional manufacturing footprint have been pivotal in maintaining consistent operating margins and strong cash generation. Looking ahead, Sanmina projects third-quarter revenue to range between $1.925 billion and $2.025 billion, with non-GAAP diluted earnings per share expected to be between $1.35 and $1.45. The company remains optimistic about fiscal 2025 being a growth year, driven by its strategic initiatives and market adaptability.