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Sanmina Reports $2.2B in Quarterly Revenue

Published: 01 August 2023
 by Tyler Hanes

SAN JOSE, CA – Sanmina saw revenue grow 9% year-on-year to total $2.21 billion in the third quarter of its fiscal year.

"Our third quarter results were in line with our outlook. We continue to execute well and deliver consistent operating margins and solid cash generation," said CEO Jure Sola. "Our strong performance in the first nine months and achievement of our outlook for the fourth quarter would result in fiscal 2023 revenue growth of approximately 14 percent and non-GAAP EPS growth of approximately 35 percent. The team remains focused on excellence in quality, delivery and consistently meeting the needs of our customers. We have a strong foundation and promising future."

For the fourth quarter, the company forecasts revenue of $2.1 billion to $2.2 billion.

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