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Sanmina Corp Q1 earnings exceeded estimates at $1.30 EPS.
Sanmina Corp, an electronics manufacturer, reported Q1 earnings exceeding analysts' consensus estimates by $0.15 EPS at $1.30 EPS, but revenues were slightly lower than expected at $1.83bn.
The company's revenue dropped by 20.9% compared to the same quarter last year, and it announced an updated Q3 guidance between $1.22 to $1.32 EPS.
Despite this, Sanmina's stock price surged by $1.03, reaching $64.00.
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Las ganancias del primer trimestre de Sanmina Corp superaron las estimaciones con un BPA de 1,30 dólares.