SAN JOSE, CA – Sanmina reported revenue of $1.83 billion for the second quarter of its fiscal year, a decrease of 21.1 % from the same quarter in 2023.

"Our focused execution and operating discipline yielded financial results in line with our outlook," said CEO Jure Sola. "During the quarter, we started to see positive movement in some end-markets that have been notably depressed for the last few quarters. While there is still macroeconomic uncertainty, the team continues to demonstrate resilience. We remain optimistic that we will see sequential improvement as we progress through 2024."

For the third quarter, the company anticipates revenue between $1.8 billion to $1.9 billion.