Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us


Last $21.38 USD
Change Today +0.27 / 1.28%
Volume 675.0K
SANM On Other Exchanges
Symbol
Exchange
NASDAQ GS
Frankfurt
As of 5:20 PM 05/4/15 All times are local (Market data is delayed by at least 15 minutes).

sanmina corp (SANM) Snapshot

Open
$21.20
Previous Close
$21.11
Day High
$21.57
Day Low
$20.95
52 Week High
11/6/14 - $26.08
52 Week Low
10/13/14 - $16.57
Market Cap
1.8B
Average Volume 10 Days
1.3M
EPS TTM
$2.38
Shares Outstanding
82.6M
EX-Date
--
P/E TM
9.0x
Dividend
--
Dividend Yield
--
Current Stock Chart for SANMINA CORP (SANM)

Related News

No related news articles were found.

sanmina corp (SANM) Related Businessweek News

No Related Businessweek News Found

sanmina corp (SANM) Details

Sanmina Corporation provides integrated manufacturing solutions, components, products and repair, logistics, and after-market services worldwide. It offers product design and engineering services, including initial development, detailed design, prototyping, validation, preproduction, and manufacturing design; manufacturing of components, subassemblies, and complete systems; final system assembly and test; direct order fulfillment and logistics, and supply chain management services; and after-market product service and support. The company’s components and products comprise printed circuit boards, backplanes and backplane assemblies, cable assemblies, mechanical systems, and optical and radio frequency components and modules. It provides its services primarily to original equipment manufacturers in the communications networks, computing and storage, multimedia, industrial and semiconductor capital equipment, defense and aerospace, medical, energy and clean technology, and automotive industries. The company was formerly known as Sanmina-SCI Corporation and changed its name to Sanmina Corporation in November 2012. Sanmina Corporation was founded in 1980 and is headquartered in San Jose, California.

33,733 Employees
Last Reported Date: 11/13/14
Founded in 1980

sanmina corp (SANM) Top Compensated Officers

Founder, Chairman and Chief Executive Officer
Total Annual Compensation: $896.5K
Chief Financial Officer and Executive Vice Pr...
Total Annual Compensation: $510.0K
Chief Business Officer and Executive Vice Pre...
Total Annual Compensation: $398.8K
Executive Vice President of Europe & Asia Sal...
Total Annual Compensation: $350.0K
Executive Vice President of Global Human Reso...
Total Annual Compensation: $290.0K
Compensation as of Fiscal Year 2014.

sanmina corp (SANM) Key Developments

Sanmina Corporation Announces Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended March 28, 2015; Provides Earnings Guidance for the Third Quarter Ending June 27, 2015

Sanmina Corporation announced unaudited consolidated earnings results for the second quarter and six months ended March 28, 2015. For the quarter, the company reported net sales were $1,527,530,000 compared to $1,476,712,000 for the same period a year ago. Operating income was $49,652,000 compared to $45,297,000 for the same period a year ago. Income before income taxes was $43,355,000 compared to $38,615,000 for the same period a year ago. Net income was $14,748,000 compared to $20,840,000 for the same period a year ago. Diluted income per share was $0.17 compared to $0.24 for the same period a year ago. Non-GAAP operating income was $56,569,000 compared to $53,174,000 for the same period a year ago. Non-GAAP net income was $43,363,000 or $0.50 per diluted share compared to $38,279,000 or $0.44 per diluted share for the same period a year ago. Cash flow from operations for the quarter was $70 million, and net capital expenditures for the quarter were $17 million. For the six months, the company reported net sales were $3,198,692,000 compared to $2,924,210,000 for the same period a year ago. Operating income was $103,132,000 compared to $84,817,000 for the same period a year ago. Income before income taxes was $89,159,000 compared to $72,346,000 for the same period a year ago. Net income was $37,404,000 compared to $43,941,000 for the same period a year ago. Diluted income per share was $0.43 compared to $0.51 for the same period a year ago. Non-GAAP operating income was $124,857,000 compared to $101,820,000 for the same period a year ago. Non-GAAP net income was $96,495,000 or $1.11 per diluted share compared to $73,765,000 or $0.85 per diluted share for the same period a year ago. The company provided earnings guidance for the third fiscal quarter ending June 27, 2015. For the period, the company expects revenue between $1.50 billion to $1.55 billion. Non-GAAP diluted earnings per share expected to be in the range of $0.48 to $0.52. The company expects gross margin to be in the range of 7.6% to 8.0%. The company expects operating expense to be $61 million to $63 million. This leads to an operating margin in the range of 3.5% to 3.9%. The company expects other income and expense to be in the range of $6 million to $7 million, and tax rate to be around 15%, and the company expects its fully diluted share count to be around 86 million shares, plus or minus 0.5 million shares. The company expects capital expenditures to be unusually large at around $50 million. The company expects depreciation and amortization to be around $25 million for the quarter.

Sanmina Corporation, Q2 2015 Earnings Call, Apr 20, 2015

Sanmina Corporation, Q2 2015 Earnings Call, Apr 20, 2015

Sanmina Corporation Appoints Eugene A. Delaney as Director

Sanmina Corporation appointed Eugene A. Delaney as director at its 2015 annual meeting of stockholders.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
SANM:US $21.38 USD +0.27

SANM Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Benchmark Electronics Inc $24.00 USD +0.05
Celestica Inc C$15.34 CAD +0.24
Kingboard Chemical Holdings Ltd $14.86 HKD +0.70
Plexus Corp $44.03 USD +0.27
Qisda Corp 13.45 TWD 0.00
View Industry Companies
 

Industry Analysis

SANM

Industry Average

Valuation SANM Industry Range
Price/Earnings 9.6x
Price/Sales 0.3x
Price/Book 1.4x
Price/Cash Flow 9.1x
TEV/Sales 0.1x
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact SANMINA CORP, please visit www.sanmina.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.