NASDAQ$SANM
Sanmina Corp · Q1 2024 earnings
Q1 2024 earnings · · Investor relations
Briefing
Reported financial results in line with outlook and positioned the company for long-term financial success.
Sanmina reported first quarter fiscal year 2024 financial results, with revenue of $1.87 billion, GAAP diluted EPS of $0.98, and non-GAAP diluted EPS of $1.30. The company's performance aligns with expectations for the first half of fiscal 2024, and they anticipate sequential improvement in the second half of the year.
- Revenue was $1.87 billion.
- GAAP operating margin was 4.7%.
- GAAP diluted EPS was $0.98.
- Non-GAAP diluted EPS was $1.30.
Headline financials
Revenue & EPS history
Sanmina · Revenue · Quarterly
$1.87B
Forward guidance
The following outlook is for the fiscal second quarter ending March 30, 2024. Revenue is expected to be between $1.825 billion to $1.925 billion. GAAP diluted earnings per share between $0.95 to $1.05. Non-GAAP diluted earnings per share between $1.20 to $1.30.
Tailwinds
- Revenue between $1.825 billion to $1.925 billion
- GAAP diluted earnings per share between $0.95 to $1.05
- Non-GAAP diluted earnings per share between $1.20 to $1.30
Headwinds
- Actual results may differ materially.
- Adverse changes to the key markets we target.
- Significant uncertainties that can cause our future sales and net income to be variable.
- Reliance on a small number of customers for a substantial portion of our sales.
- Risks arising from our international operations.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q1 2024
+2.2%
Avg return
Earnings day
+2.4%
Avg return
5 days after
+3.8%
Avg return
30 days after
57%
38 / 67 earnings
Positive
+29.0%
Q1 2024
Best reaction
-21.6%
Q1 2026
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q2 2026 | +14.7% | +18.8% | +39.9% | |
| Q1 2026 | -21.6% | -22.4% | -11.6% | |
| Q4 2025 | +16.6% | +21.4% | +14.6% | |
| Q3 2025 | -2.8% | -5.2% | -5.5% | |
| Q2 2025 | -2.1% | -0.6% | +4.0% | |
| Q1 2025 | +3.2% | +6.6% | +4.3% | |
| Q4 2024 | +4.3% | +16.7% | +11.4% | |
| Q3 2024 | -1.0% | -12.5% | -8.0% | |
| Q2 2024 | -3.7% | -1.9% | +6.2% | |
| Q1 2024 | +29.0% | +21.5% | +23.9% | |
| Q4 2023 | -15.2% | -10.6% | -8.2% | |
| Q3 2023 | -3.7% | -7.8% | -7.3% | |
| Q2 2023 | -5.3% | -7.3% | +3.9% | |
| Q1 2023 | +8.3% | +11.5% | +8.4% | |
| Q4 2022 | +13.8% | +17.6% | +11.1% | |
| Q3 2022 | +5.7% | +8.4% | +5.4% | |
| Q2 2022 | +5.8% | -0.2% | +6.9% | |
| Q1 2022 | +9.6% | +7.0% | +10.4% | |
| Q4 2021 | -8.2% | -7.1% | -10.4% | |
| Q3 2021 | -0.7% | +0.4% | +2.7% | |
| Q2 2021 | -1.4% | +2.8% | +3.6% | |
| Q1 2021 | +2.1% | +6.0% | +15.1% | |
| Q4 2020 | +8.2% | +12.4% | +12.4% | |
| Q3 2020 | +18.2% | +18.2% | +13.5% | |
| Q2 2020 | +0.8% | +0.0% | +5.6% | |
| Q1 2020 | -2.7% | -7.1% | -20.8% | |
| Q4 2019 | -2.3% | -1.8% | +3.2% | |
| Q3 2019 | +2.3% | -4.0% | -13.5% | |
| Q2 2019 | +14.4% | +15.5% | -7.2% | |
| Q1 2019 | +16.6% | +14.3% | +17.2% | |
| Q4 2018 | +7.3% | +12.5% | +18.3% | |
| Q3 2018 | -1.0% | -0.2% | +6.3% | |
| Q2 2018 | +15.0% | +7.8% | +7.6% | |
| Q1 2018 | -5.0% | -3.8% | -1.3% | |
| Q4 2017 | -16.2% | -15.4% | -11.0% | |
| Q3 2017 | -9.4% | -13.7% | -13.4% | |
| Q2 2017 | +0.4% | -3.5% | -3.8% | |
| Q1 2017 | +5.8% | +9.9% | +9.0% | |
| Q4 2016 | +1.4% | +1.4% | +17.7% | |
| Q3 2016 | -14.0% | -11.7% | -7.7% | |
| Q2 2016 | +10.0% | — | — | |
| Q1 2016 | +10.6% | — | — | |
| Q4 2015 | +19.9% | — | — | |
| Q3 2015 | +12.4% | — | — | |
| Q2 2015 | -10.6% | — | — | |
| Q1 2015 | -9.0% | — | — | |
| Q4 2014 | +25.8% | — | — | |
| Q3 2014 | +6.4% | — | — | |
| Q2 2014 | +16.9% | — | — | |
| Q1 2014 | +9.6% | — | — | |
| Q4 2013 | -12.5% | — | — | |
| Q3 2013 | +5.5% | — | — | |
| Q2 2013 | +16.8% | — | — | |
| Q1 2013 | -21.6% | — | — | |
| Q4 2012 | +16.8% | — | — | |
| Q3 2012 | +7.2% | — | — | |
| Q2 2012 | +5.7% | — | — | |
| Q1 2012 | +3.7% | — | — | |
| Q4 2009 | -9.6% | — | — | |
| Q4 2011 | -9.6% | — | — | |
| Q3 2010 | -14.8% | — | — | |
| Q3 2011 | -14.8% | — | — | |
| Q2 2011 | +5.0% | — | — | |
| Q2 2010 | +5.0% | — | — | |
| Q1 2010 | -5.4% | — | — | |
| Q4 2010 | -5.4% | — | — | |
| Q1 2011 | -5.4% | — | — |
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