By Kelly Cloonan
Shares of Sanmina climbed after the company guided for profit and revenue above analyst estimates for the current quarter.
The stock rose 12% to $157.80 on Monday in after-hours trading. Shares are up 85% this year through market close.
For the current fiscal first quarter, the company expects adjusted earnings per share of $1.95 to $2.25 and revenue of $2.9 billion to $3.2 billion. Analysts polled by FactSet model adjusted earnings of $1.64 a share on revenue of $2.12 billion.
Sanmina said its legacy business remains strong due to demand from new and existing customers across its portfolio. The company's acquisition of ZT Systems also boosts its scale, Chief Executive Jure Sola said.
In its latest quarter, the company posted a profit of $48.1 million, or 88 cents a share, compared with $61.4 million, or $1.09 a share, a year earlier.
Adjusted earnings per share were $1.67, ahead of estimates of $1.57 a share according to analysts polled by FactSet.
Revenue rose to $2.1 billion compared with $2.02 billion a year ago. Analysts expected $2.06 billion.
Write to Kelly Cloonan at kelly.cloonan@wsj.com
(END) Dow Jones Newswires
November 03, 2025 18:27 ET (23:27 GMT)
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