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Shares of Sanmina (NASDAQ:SANM) moved higher by 4.2% in after-market trading after the company reported Q4 results.
Quarterly Results
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Earnings per share were up 30.95% over the past year to $1.10, which beat the estimate of $0.77.
Revenue of $1,875,000,000 decreased by 0.90% from the same period last year, which beat the estimate of $1,790,000,000.
Guidance
Q1 EPS expected to be between $0.75 and $0.85.
Q1 revenue expected to be between $1,700,000,000 and $1,800,000,000.
Details Of The Call
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Date: Nov 10, 2020
Time: 05:00 PM
ET Webcast URL: https://www.webcaster4.com/Webcast/Page/1085/38536
Technicals
52-week high: $34.96
Company's 52-week low was at $18.34
Price action over last quarter: Up 3.99%
Company Profile
Sanmina Corp is a provider of integrated manufacturing solutions, components, and after-market services to original equipment manufacturers in the communications networks, storage, industrial, defense and aerospace end markets. The company operates in two business segments: Integrated Manufacturing Solutions, which consists of printed circuit board assembly and represents a majority of the firm's revenue; and Components, Products, and Services, which includes interconnect systems and mechanical systems. The firm generates revenue primarily in the United States, China, and Mexico, but has a presence around the world.
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.