SAN JOSE, Calif. (AP) — SAN JOSE, Calif. (AP) — Sanmina Corp. (SANM) on Monday reported net income of $49.3 million in its fiscal first quarter.
On a per-share basis, the San Jose, California-based company said it had profit of 89 cents. Earnings, adjusted for one-time gains and costs, were $2.38 per share.
The electronics manufacturing services company posted revenue of $3.19 billion in the period.
For the current quarter ending in March, Sanmina expects its per-share earnings to range from $2.25 to $2.55.
The company said it expects revenue in the range of $3.1 billion to $3.4 billion for the fiscal second quarter.
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