Welcome to our dedicated page for Sanmina Corporat news (Ticker: SANM), a resource for investors and traders seeking the latest updates and insights on Sanmina Corporat stock.
Sanmina Corporation (NASDAQ: SANM) is a Fortune 500 integrated manufacturing solutions company active in the global Electronics Manufacturing Services (EMS) market. The SANM news feed on Stock Titan aggregates company-issued press releases and other coverage related to its operations, financial performance and strategic initiatives.
Investors following Sanmina’s news can see regular earnings announcements and outlook updates. The company frequently reports quarterly and annual financial results, including revenue, GAAP and non-GAAP operating margins, diluted earnings per share, cash flow from operations and free cash flow, and provides guidance ranges for upcoming quarters. These releases are often accompanied by conference call details and reconciliations of GAAP to non-GAAP measures.
Sanmina’s news also highlights strategic transactions and partnerships. In 2025, the company announced a definitive agreement to acquire, and later the completion of the acquisition of, the data center infrastructure manufacturing business of ZT Systems from AMD, describing the transaction as transformational for its position in the cloud and AI infrastructure and cloud and AI end-markets. Related releases discuss increased scale, hyperscale customer relationships, manufacturing capacity in New Jersey, Texas and the Netherlands, and a strategic partnership with AMD as a preferred new product introduction manufacturing partner.
Other SANM news items cover business expansions and product initiatives. Sanmina has reported a planned expansion of its Energy-related business with a new factory in Houston, Texas focused on the U.S. energy market and capable of producing medium-voltage distribution transformers, instrument transformers and switchgear. A division, Viking Enterprise Solutions, has announced advanced data center products such as edge AI computational storage appliances and storage server systems for data center and storage applications.
Visitors to the SANM news page can review these earnings releases, acquisition updates, energy business developments, product announcements and governance changes, such as bylaw amendments, in one place. This provides context on how Sanmina communicates its financial performance, capital structure, strategic direction and role in industrial, medical, defense and aerospace, automotive, communications networks and cloud and AI infrastructure markets.
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Sanmina Corporation (NASDAQ: SANM) announced its second quarter fiscal 2023 earnings conference call, scheduled for Thursday, May 11, 2023, at 5:00 PM ET. A live webcast will be available on the Sanmina Investor Relations website, with a replay accessible post-event. Sanmina is recognized as a leading integrated manufacturing solutions provider in the Electronics Manufacturing Services (EMS) market, serving Original Equipment Manufacturers (OEMs) in sectors such as industrial, medical, defense, automotive, communications, and cloud infrastructure.
42Q, a division of Sanmina, announced its achievement of the Amazon Web Services (AWS) Manufacturing and Industrial Competency on April 18, 2023. This designation highlights 42Q's proficiency in providing cloud-based manufacturing solutions and validates its capabilities as an AWS Partner Network member. The company is recognized for its end-to-end digital transformation services in the manufacturing sector, supporting clients in leveraging cloud technology for improved operational efficiency.
The AWS Competency designation is granted only after a rigorous validation process, ensuring customers receive high-quality service from experienced partners. 42Q's team has collaborated with AWS for over a decade, delivering solutions that enhance customer growth and satisfaction, reflecting the company's commitment to ongoing innovation in the digital manufacturing landscape.
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Sanmina Corporation (NASDAQ: SANM) reported strong financial results for Q1 FY2023, with revenues of $2.36 billion, a 7.2% sequential increase. The GAAP operating margin stood at 5.2% and diluted EPS was $1.48, while non-GAAP diluted EPS reached $1.64, reflecting a 9.5% increase. Cash flow from operations was $37 million, and the company ended the quarter with $735 million in cash. The CEO highlighted demand from new and existing programs as key growth drivers. For Q2 FY2023, the company aims for continued improvement.