Sanmina plunges after quarterly profit fall
ReutersJan 26, 2026 10:16 PM
Shares of manufacturing solutions firm Sanmina SANM.O down ~8% at $168 in extended trading
Co posts Q1 net income of $49.3 million, compared with $65.0 million last year
However, reports Q1 revenue rise of 61% to $3.19 billion; sees Q2 revenue between $3.1 billion and $3.4 billion vs $1.98 billion a year ago
Sees Q2 adjusted EPS in the range of $2.25 to $2.55 vs $1.41 from a year ago
Stock rose ~98% in 2025
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