Stocks
ETFs
Options
Commodities
Crypto
Currency
Pro Newsletters
Research Tools
Daily Feeds
Calendars
Economic Indicators
Class Actions
Calculators
Education
About Us
Working with TipRanks
Follow Us
Sanmina-Sci Corp. (SANM)
NASDAQ:SANM
Earnings Data
Report Date
May 05, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
1.38Last Year’s EPS
1.3Same Quarter Last Year
Based on 3 Analysts Ratings
---
Earnings Call Summary
Earnings Call Date:Jan 27, 2025
|% Change Since: 12.80%
|Next Earnings Date:May 05, 2025
Earnings Call Sentiment|Positive
Sanmina delivered a strong first quarter performance with significant revenue growth driven by the communications networks and cloud infrastructure segments. The company maintained a robust balance sheet and demonstrated effective cash flow management, allowing for strategic investments and shareholder returns. However, challenges remain in managing CPS segment margins and operating expenses. Overall, the positive aspects of revenue growth, financial performance, and strategic initiatives outweigh the challenges faced.Company Guidance
During Sanmina's First Quarter Fiscal 2025 earnings call, the company provided robust guidance and performance metrics. They reported a revenue of $2.01 billion, which was a 7.0% increase compared to the same period a year ago. Their non-GAAP operating margin reached 5.6%, while the non-GAAP gross margin was 9.0%, both exceeding their outlook. The non-GAAP earnings per share were $1.44, reflecting a 10.8% increase from the prior year, or 16.2% when normalized for tax rate changes. The company highlighted significant growth in the communications networks and cloud infrastructure end-markets, with a year-over-year increase of 19%. For the second quarter, Sanmina expects revenue between $1.9 billion and $2.0 billion, a non-GAAP gross margin of 8.4% to 8.8%, and non-GAAP EPS in the range of $1.30 to $1.40. Additionally, they announced a $300 million share repurchase authorization, emphasizing their strategy of disciplined capital allocation to maximize shareholder value.Solid Revenue Growth
Sanmina achieved a revenue of $2.01 billion for the first quarter of fiscal year 2025, which represents a 7.0% increase compared to the same period a year ago.
Strong Performance in Communications Networks and Cloud Infrastructure
The communications networks and cloud infrastructure end-markets grew by 19% year-over-year, contributing significantly to the overall revenue growth.
Improvement in Non-GAAP Financial Metrics
Non-GAAP gross margin improved to 9.0%, and non-GAAP diluted earnings per share increased by 10.8% compared to the same period a year ago.
Robust Balance Sheet
Sanmina ended the quarter with $642 million in cash and no outstanding borrowings, providing substantial liquidity of approximately $1.5 billion.
Strong Free Cash Flow
The company reported a free cash flow of $47 million for the quarter, enabling continued investment in business growth and shareholder returns.
Share Repurchase Authorization
Sanmina's Board of Directors authorized an additional $300 million for share repurchases, reflecting confidence in the company's valuation and future prospects.
---
SANM Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
---
SANM Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Jan 27, 2025 | $78.51 | $81.02 | +3.20% |
| Nov 04, 2024 | $72.80 | $74.40 | +2.20% |
| Jul 29, 2024 | $74.96 | $73.57 | -1.85% |
| Apr 29, 2024 | $64.00 | $60.67 | -5.20% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
---
FAQ
When does Sanmina-Sci Corp. (SANM) report earnings?
Sanmina-Sci Corp. (SANM) is schdueled to report earning on May 05, 2025, TBA Not Confirmed.
What is Sanmina-Sci Corp. (SANM) earnings time?
Sanmina-Sci Corp. (SANM) earnings time is at May 05, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is SANM EPS forecast?
SANM EPS forecast for the fiscal quarter 2025 (Q2) is 1.38.
---