Sanmina reports Q1 non-GAAP EPS $1.44 vs. $1.30 last year

Reports Q1 revenue $2.01B vs. $1.87B last year. “We delivered solid Q1 financial results, with revenue towards the high end and non-GAAP EPS exceeding our outlook. We continue to execute well, as evident in our consistent operating margin and cash generation,” stated Jure Sola, Chairman and CEO of Sanmina (SANM). “Our operational discipline and ability to service our customers will further strengthen our operating model and drive shareholder value. We continue to see positive trends and are confident that fiscal 2025 will be a growth year.”