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.
Sanmina Corporation (NASDAQ: SANM) will host its first quarter fiscal 2023 earnings conference call on January 30, 2023, at 5:00 PM ET. The call will provide investors with insights into Sanmina's performance and future outlook. Participants can join the call via a webcast or dial in using domestic and international numbers provided in the announcement. Sanmina, a leading provider of integrated manufacturing solutions in the global Electronics Manufacturing Services market, is known for its technology leadership across various sectors including industrial, defense, and medical markets.
Sanmina Corporation (NASDAQ: SANM) announced the appointment of David V. Hedley III to its Board of Directors, effective December 5, 2022. With over 30 years in investment banking focusing on the technology sector, Hedley is currently the Chief Strategy Officer at Bramshill Investments, managing $4.5 billion in assets. He previously held senior roles at Ernst & Young Capital Advisors and other leading financial institutions. The Chairman, Jure Sola, expressed optimism about Hedley’s contributions to the company's future success.
Sanmina Corporation reported strong financial results for Q4 and FY 2022, with revenue reaching $2.2 billion for the quarter and $7.9 billion for the year.
GAAP operating margin was 5.0% with a diluted EPS of $1.08. Non-GAAP measures showed operating margins of 5.6% and diluted EPS of $1.50.
Cash flow from operations totaled $82 million in Q4, contributing to a free cash flow of $34 million.
Looking forward, Sanmina anticipates continued growth in FY 2023 based on strong demand and new opportunities.
Sanmina Corporation (NASDAQ: SANM) will host its fourth quarter and fiscal year 2022 earnings conference call on November 7, 2022, at 5:00 PM ET. The call will provide insights into the company’s performance in key markets, including industrial, defense, medical, automotive, communications networks, and cloud infrastructure. Investors can join the call by dialing 866.652.5200 domestically or 412.317.6060 internationally. More details can be found at www.sanmina.com.
Sanmina Corporation (NASDAQ: SANM) and Reliance Strategic Business Ventures Limited have finalized their joint venture to establish a state-of-the-art electronic manufacturing hub in India, supporting the 'Make in India' initiative. This partnership leverages Sanmina's 40 years of experience in advanced manufacturing and aims to enhance high technology infrastructure in communications, healthcare, and defense sectors. Operations will center in Chennai, with plans for future expansion. The joint venture promises to foster innovation and support hardware startups in India.
Sanmina Corporation (SANM) reported strong financial results for Q3 2022, with revenue of $2.02 billion, marking a 5.6% sequential increase. GAAP diluted EPS stood at $1.29, while non-GAAP diluted EPS reached $1.30, a 14.4% increase. The company generated $102 million in operational cash flow and $65 million in free cash flow, with 3.1 million shares repurchased for $124 million. Looking ahead, Sanmina anticipates a 14% revenue growth for FY 2022, highlighting strong customer demand and effective supply chain management.
Sanmina Corporation will host its third quarter fiscal 2022 earnings conference call on August 1, 2022, at 5:00 PM ET. The call will discuss key financial metrics and the company's performance in the current fiscal quarter. Interested parties can join by calling either 866.652.5200 for domestic or 412.317.6060 for international access. As a leader in the Electronics Manufacturing Services (EMS)/b) sector, Sanmina continues to provide integrated manufacturing solutions across various markets.
Viking Enterprise Solutions, a division of Sanmina, has launched the VDS41022 JBOD storage enclosure, offering the highest density solution in a one-meter rack. This 4U design supports 24G SAS (SAS-4) storage protocols, accommodating 102 large form factor drives with over 2 petabytes of storage. The patented thermal management enhances performance in high-density environments, while its unique layout supports both SAS-3 and SAS-4 infrastructures. The VDS41022 is now shipping, anticipating increased demand for 24G SAS protocols.
Sanmina reported strong Q2 2022 financial results with revenue of $1.91 billion, exceeding expectations. The GAAP operating margin was 4.3%, with a GAAP diluted EPS of $0.83. Non-GAAP figures showed an operating margin of 5.0% and a diluted EPS of $1.14, also above guidance. The company generated cash flow from operations of $79 million and $52 million in free cash flow. Sanmina announced an expansion of its share repurchase program by an additional $200 million. The outlook for Q3 remains optimistic with continued growth expected.
Sanmina Corporation (NASDAQ: SANM) will hold its second quarter fiscal 2022 earnings conference call on May 2, 2022, at 5:00 PM ET. This conference will provide stakeholders with insights into the company's financial performance in the second quarter.
For participants, the domestic dial-in number is 866.891.4420 and the international number is 201.383.2868. Further information can be accessed on the official website.