Recap: Sanmina Q1 Earnings - Sanmina (NASDAQ:SANM)

Sanmina SANM reported its Q1 earnings results on Monday, January 29, 2024 at 04:02 PM.

Here's what investors need to know about the announcement.

Sanmina beat estimated earnings by 6.56%, reporting an EPS of $1.3 versus an estimate of $1.22.

Revenue was down $486.00 million from the same period last year.

Last quarter the company missed on EPS by $0.11 which was followed by a 14.33% drop in the share price the next day.

Here's a look at Sanmina's past performance:

Quarter	Q4 2023	Q3 2023	Q2 2023	Q1 2023
EPS Estimate	1.53	1.53	1.55	1.45
EPS Actual	1.42	1.55	1.59	1.64
Revenue Estimate	2.18B	2.25B	2.25B	2.15B
Revenue Actual	2.05B	2.21B	2.32B	2.36B

To track all earnings releases for Sanmina visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.