SAN JOSE, Calif. (AP) — SAN JOSE, Calif. (AP) — Sanmina Corp. (SANM) on Monday reported net income of $65 million in its fiscal first quarter.
On a per-share basis, the San Jose, California-based company said it had net income of $1.16. Earnings, adjusted for stock option expense and non-recurring costs, came to $1.44 per share.
The electronics manufacturing services company posted revenue of $2.01 billion in the period.
For the current quarter ending in March, Sanmina expects its per-share earnings to range from $1.30 to $1.40.
The company said it expects revenue in the range of $1.9 billion to $2 billion for the fiscal second quarter.
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