NASDAQ$SANM

Sanmina Corp · Q4 2021 earnings

Q4 2021 earnings · · Investor relations

Briefing

Sanmina reported solid financial results for Q4 2021, with revenue of $1.64 billion and GAAP EPS of $0.84.

Sanmina Corporation reported its Q4 and full fiscal year 2021 financial results. The company's Q4 revenue reached $1.64 billion, with a GAAP diluted EPS of $0.84 and a non-GAAP diluted EPS of $0.95. The company's FY21 revenue was $6.76 billion, with a GAAP diluted EPS of $4.01 and a non-GAAP diluted EPS of $3.97.

  • Q4 revenue was $1.64 billion.
  • Q4 GAAP diluted EPS was $0.84.
  • Q4 Non-GAAP diluted EPS was $0.95.
  • The board of directors has authorized the repurchase of up to an additional $200 million of Sanmina’s common stock.

Headline financials

Total Revenue

$1.64B

Previous: $1.88B-12.3%
EPS (adj)

$0.95

Previous: $1.10-13.6%
Capital Expenditures

$30.6M

Previous: $11.2M+173.1%
Free Cash Flow

$65M

Previous: $68.7M-5.4%
Net Income

$56.6M

Previous: $51.6M+9.6%
Operating Income

$66.8M

Previous: $0.00
Gross Profit

$131M

Previous: $152M-13.9%
Cash & Equivalents

$650M

Previous: $481M+35.3%
Total Assets

$4.2B

Previous: $3.77B+11.4%
Stock-Based Comp

$8.83M

Previous: $4.19M+110.6%

Revenue & EPS history

Sanmina · Revenue · Quarterly

$1.64B

Q4 2021-12.3%vs Q4 2020
Beat estimate in 10 of 16 quarters(63%)
ActualEstimate

Forward guidance

The following outlook is for the first fiscal quarter ending January 1, 2022. These statements are forward-looking and actual results may differ materially.

Headwinds

  • Ongoing impacts of the COVID-19 pandemic.
  • Disruptions to the supply chain that have prevented the Company from shipping all products for which there is demand.
  • 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 Q4 2021

Historical avgQ4 2021

+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

Earnings price reactions
QuarterReport dateReaction (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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