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.
Viking Enterprise Solutions, a division of Sanmina, announced the launch of the VDS2249R, a 2U NVMe-oF storage solution optimized for performance and low latency. The VDS2249R features a high-bandwidth enclosure supporting twenty-four NVMe drives and offers configurations with either two or six 100 GbE ports. The system delivers over 15M IOPs with less than 10µs latency, utilizing a comprehensive software interface for management and monitoring. This product will be available in June 2021.
Sanmina Corporation (NASDAQ: SANM) reported strong financial results for Q2 fiscal 2021, with revenue of $1.7 billion and a GAAP operating margin of 3.8%. GAAP diluted EPS stood at $0.70, while non-GAAP diluted EPS reached $1.01, exceeding expectations. Key highlights include a non-GAAP pre-tax ROIC of 27.6%, cash flow from operations of $81 million, and free cash flow of $67 million. The company anticipates continued strong demand despite supply chain challenges, reflecting confidence in its long-term outlook.
Sanmina Corporation (NASDAQ: SANM) will host its second quarter fiscal 2021 earnings conference call on Monday, May 3, 2021, at 5:00 PM ET. This event will provide insights into the company's financial performance and future outlook.
Interested parties can join the call by dialing 866.891.4420 for domestic calls or 201.383.2868 for international calls. Further details are available on the company's website, www.sanmina.com.
Sanmina Corporation (NASDAQ: SANM) reported a strong fiscal first quarter ending January 2, 2021, with revenue of $1.76 billion, surpassing the midpoint of its outlook. The GAAP operating margin stood at 4.3%, and diluted EPS reached $0.72. Non-GAAP diluted EPS was $1.02, exceeding expectations. Notable highlights include cash flow from operations of $62 million and free cash flow of $51 million. The company anticipates stable demand for the second quarter, maintaining focus on operational efficiencies and innovative customer solutions.
Sanmina Corporation will host its first quarter fiscal 2021 earnings conference call on February 2, 2021, at 5:00 PM ET. This call will provide insights into the company's financial performance for the first quarter. Investors can join via a teleconference by calling 866.891.4420 domestically or 201.383.2868 internationally. More details about the company and the upcoming call can be found on their official website.
Sanmina Corporation (NASDAQ: SANM) announced the reappointment of Hari Pillai as President of Components Technology on January 6, 2021. With over 25 years of technology leadership experience, Pillai's return aligns with Sanmina's strategy to enhance its operations in three key business areas: Integrated Manufacturing Solutions, Defense Systems, and Components Technology. CEO Jure Sola expressed confidence that Pillai will drive profitable growth and leverage synergies across the company.
Sanmina Corporation (SANM) reported strong financial results for Q4 and fiscal year 2020, with revenue reaching $1.87 billion in Q4 and $6.96 billion for the year. The company achieved a GAAP diluted EPS of $0.75 in Q4 and $1.97 for the year. Non-GAAP diluted EPS was $1.10 for Q4 and $3.05 for FY 2020. Operating margins improved, and the company generated $301 million in operational cash flow for the year. Additionally, $166 million was spent on share repurchases. The outlook for Q1 2021 remains optimistic.
Sanmina Corporation (NASDAQ: SANM) will host its fourth quarter and fiscal year 2020 earnings conference call on November 10, 2020, at 5:00 PM ET. This call is part of the company's efforts to communicate its financial performance and outlook to investors. Interested parties can participate by dialing 866.891.4420 for domestic calls or 201.383.2868 for international callers. The conference call aims to provide insights into Sanmina's operations and future strategies.
Sanmina Corporation (Nasdaq: SANM) announced enhancements to its backplane testing capabilities through the integration of RoBAT RCI technology at its California and Mexico facilities. This upgrade aims to accelerate time-to-market for customers in communications, datacenter, defense, and aerospace sectors. With over 40 years of experience, Sanmina continues to focus on product development in advanced backplane assembly and testing. The new technology complements their existing testing solutions, reinforcing the company's leadership in the electronics manufacturing services (EMS) market.
Sanmina Corporation (NASDAQ: SANM) announced the immediate departure of its CEO Hartmut Liebel, with co-founder Jure Sola resuming the roles of Chairman and CEO. The company aims to enhance shareholder value by reorganizing into three segments: Integrated Manufacturing Solutions, SCI, and Components Technology. Despite the ongoing challenges posed by the COVID-19 pandemic, Sola expressed confidence in the company’s ability to drive long-term growth. The firm has not updated its outlook for the fiscal fourth quarter ending October 3, 2020, as previously stated on July 29, 2020.