NASDAQ$SANM

Sanmina Corp · Q4 2024 earnings

Q4 2024 earnings · · Investor relations

Briefing

Sanmina's Q4 2024 financial performance showed revenue of $2.02 billion and GAAP EPS of $1.09.

Sanmina reported solid momentum in Q4 2024, with revenue up 9.6 percent sequentially and non-GAAP diluted earnings per share up 14.3 percent over the prior quarter. The company saw growth primarily in communications networks and cloud infrastructure. Fiscal year 2024 results were in line with expectations, with a solid year of cash flow from operations and the repurchase of 4 million shares.

  • Q4 revenue reached $2.02 billion.
  • GAAP operating margin was 4.4%.
  • GAAP diluted EPS was $1.09.
  • Non-GAAP diluted EPS was $1.43.

Headline financials

Total Revenue

$2.02B

Previous: $2.05B-1.7%
EPS (adj)

$1.43

Previous: $1.42+0.7%
GAAP Operating Margin

4.4%

No prior period
Non-GAAP Op Margin

5.3%

No prior period
Capital Expenditures

-$22.6M

Previous: $38.1M-159.3%
Net Income

$61.4M

Previous: $61.8M-0.7%
Operating Income

$89.6M

Previous: $98.4M-9.0%
Gross Profit

$171M

Previous: $173M-1.2%
R&D Expense

$8.24M

No prior period
Stock-Based Comp

$15.5M

Previous: $12.9M+19.7%

Revenue & EPS history

Sanmina · Revenue · Quarterly

$2.02B

Q4 2024-1.7%vs Q4 2023
Beat estimate in 7 of 15 quarters(47%)
ActualEstimate

Forward guidance

For the fiscal first quarter ending December 28, 2024, Sanmina expects revenue between $1.925 billion to $2.025 billion, GAAP diluted earnings per share between $1.03 to $1.13, and non-GAAP diluted earnings per share between $1.30 to $1.40.

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 2024

Historical avgQ4 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

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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