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SANM - Why Is Electronics Manufacturing Services Company Sanmina Stock Trading Higher Today? | Benzinga

Sanmina Corporation

Sanmina Corp (NASDAQ:SANM) shares are trading higher premarket today after the company reported first-quarter FY24 results.

Revenue of $1.875 billion beat the consensus of $1.870 billion. Adjusted EPS of $1.30 surpassed the consensus of $1.22.

Adjusted operating margin of 5.5% came below the prior-year quarter figure of 6.0%. The company bought back 2.1 million shares for $106 million in the quarter.

As of ...

Full story available on Benzinga.com
Stock Information
Company Name: Sanmina Corporation
Stock Symbol: SANM
Market: NASDAQ
Website: sanmina.com
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