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Stock impact report

Sanmina Corp (SANM) Q1 2026 Earnings Call Highlights: Robust Revenue Growth and Strategic ... [Yahoo! Finance]

Sanmina Corporation (SANM) 
Last sanmina corporation earnings: 4/27 04:02 pm Check Earnings Report
Company Research Source: Yahoo! Finance
Sanmina Corp ( NASDAQ:SANM ) reported strong financial performance for Q1 2026, with revenue of $3.19 billion, a 59% increase compared to the same period last year. The company's non-GAAP operating margin was 6.0%, which is at the high end of their outlook, indicating strong operational efficiency. Non-GAAP diluted earnings per share exceeded expectations at $2.38, representing a 66.1% increase from the previous year. Sanmina Corp ( NASDAQ:SANM ) maintained a strong balance sheet with cash and cash equivalents of $1.42 billion and no outstanding borrowings on their $1.5 billion revolver. The acquisition of ZT Systems is immediately accretive to earnings per share and aligns with Sanmina Corp ( NASDAQ:SANM )'s core business, contributing to revenue growth and margin expansion. The CPS segment's non-GAAP gross margin was 12.9%, which is lower than recent performance due to investments in new programs and program transitions. Inventory turns decreased to 5.3 times from 5.8 t Show less Read more
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