NASDAQ$SANM
Sanmina Corp · Q2 2023 earnings
Q2 2023 earnings · · Investor relations
Briefing
Reported strong top and bottom line results for the second quarter, reflecting continued improvement in the supply chain environment and excellent operational execution.
Sanmina reported strong financial results for the second quarter of fiscal year 2023, with revenue of $2.32 billion and GAAP diluted EPS of $1.33. The company's performance reflects improvements in the supply chain and operational execution.
- Delivered strong top and bottom line results for the second quarter.
- Experienced continued improvement in the supply chain environment.
- Demonstrated excellent operational execution to support customer demand.
- Fiscal 2023 is shaping up to be a healthy growth year.
Headline financials
Revenue & EPS history
Sanmina · Revenue · Quarterly
$2.32B
Forward guidance
The following outlook is for the fiscal third quarter ending July 1, 2023. These statements are forward-looking and actual results may differ materially.
Headwinds
- Ongoing supply chain constraints, including those resulting from the continuing impacts of the COVID-19 pandemic.
- Geopolitical uncertainty, including from the conflict in Ukraine.
- 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.
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 Q2 2023
+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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