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) reported a 4% revenue growth in Q3 FY20, reaching $1.65 billion, despite ongoing COVID-19 challenges. Their net income rose to $44.88 million with a diluted EPS of $0.64. Non-GAAP operating income was $75.83 million, improving the operating margin to 4.6%. The company ended the quarter with $1.1 billion in cash and cash equivalents, including $650 million in borrowings. Sanmina also repurchased 667,000 shares for $17.5 million. They anticipate additional revenue in the upcoming quarter.
Sanmina Corporation (NASDAQ: SANM) has scheduled its third quarter fiscal 2020 earnings conference call for Wednesday, July 29, 2020 at 5:00 PM ET. This call aims to provide insights into the company's financial performance and future outlook. Interested parties can connect through designated dial-in numbers: 866.891.4420 for domestic and 201.383.2868 for international. More information can be found on their official website.