Stock Track | Sanmina (SANM) Stock Soars 5.32% in Pre-Market on Strong Q1 Results and Growth Outlook

Stock Track

Jan 28, 2025

Shares of Sanmina (SANM), a leading electronics manufacturing services provider, soared 5.32% in pre-market trading on Tuesday after the company reported strong first-quarter fiscal 2025 results and provided an optimistic outlook for the remainder of the year.

The company reported revenue of $2.01 billion and non-GAAP earnings per share of $1.44 for the first quarter, exceeding analysts' expectations. Sanmina's revenue grew 7% year-over-year, driven by growth in the communications networks and cloud infrastructure end markets.

Looking ahead, Sanmina expects revenue growth in the high single digits for fiscal 2025, driven by new and existing programs as well as adding new customers with higher-margin opportunities. The company also expects earnings per share to grow at a faster rate than revenue, supported by margin expansion initiatives and operational efficiencies.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/1177283920"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"1177283920\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/1177283920?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-01-28 22:32","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1177283920","market":"us","top_or_hot":-1,"title":"Stock Track | Sanmina (SANM) Stock Soars 5.32% in Pre-Market on Strong Q1 Results and Growth Outlook","media":"Stock Track","content":"<p>Shares of Sanmina (SANM), a leading electronics manufacturing services provider, soared 5.32% in pre-market trading on Tuesday after the company reported strong first-quarter fiscal 2025 results and provided an optimistic outlook for the remainder of the year.</p>\n\n<p>The company reported revenue of $2.01 billion and non-GAAP earnings per share of $1.44 for the first quarter, exceeding analysts' expectations. Sanmina's revenue grew 7% year-over-year, driven by growth in the communications networks and cloud infrastructure end markets.</p>\n\n<p>Looking ahead, Sanmina expects revenue growth in the high single digits for fiscal 2025, driven by new and existing programs as well as adding new customers with higher-margin opportunities. The company also expects earnings per share to grow at a faster rate than revenue, supported by margin expansion initiatives and operational efficiencies.</p>","source":"ai_movement_en","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Stock Track | Sanmina (SANM) Stock Soars 5.32% in Pre-Market on Strong Q1 Results and Growth Outlook</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nStock Track | Sanmina (SANM) Stock Soars 5.32% in Pre-Market on Strong Q1 Results and Growth Outlook\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1086803395\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Stock Track </p>\n<p class=\"h-time\">2025-01-28 22:32</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Shares of Sanmina (SANM), a leading electronics manufacturing services provider, soared 5.32% in pre-market trading on Tuesday after the company reported strong first-quarter fiscal 2025 results and provided an optimistic outlook for the remainder of the year.</p>\n\n<p>The company reported revenue of $2.01 billion and non-GAAP earnings per share of $1.44 for the first quarter, exceeding analysts' expectations. Sanmina's revenue grew 7% year-over-year, driven by growth in the communications networks and cloud infrastructure end markets.</p>\n\n<p>Looking ahead, Sanmina expects revenue growth in the high single digits for fiscal 2025, driven by new and existing programs as well as adding new customers with higher-margin opportunities. The company also expects earnings per share to grow at a faster rate than revenue, supported by margin expansion initiatives and operational efficiencies.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"SANM","symbol_name":"新美亚电子","start_time":0,"source_url":"","article_id":"1177283920","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1177283920","pubTimestamp":1738074777,"columns":[],"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"Shares of Sanmina , a leading electronics manufacturing services provider, soared 5.32% in pre-market trading on Tuesday after the company reported strong first-quarter fiscal 2025 results and provided an optimistic outlook for the remainder of the year.The company reported revenue of $2.01 billion and non-GAAP earnings per share of $1.44 for the first quarter, exceeding analysts' expectations. Sanmina's revenue grew 7% year-over-year, driven by growth in the communications networks and cloud in","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"SANM":"新美亚电子"},"translate_title":"由于强劲的第一季度业绩和增长前景，Sanmina(SANM)股价盘前飙升5.32%","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"SANM":1},"content_text":"Shares of Sanmina (SANM), a leading electronics manufacturing services provider, soared 5.32% in pre-market trading on Tuesday after the company reported strong first-quarter fiscal 2025 results and provided an optimistic outlook for the remainder of the year.\nThe company reported revenue of $2.01 billion and non-GAAP earnings per share of $1.44 for the first quarter, exceeding analysts' expectations. Sanmina's revenue grew 7% year-over-year, driven by growth in the communications networks and cloud infrastructure end markets.\nLooking ahead, Sanmina expects revenue growth in the high single digits for fiscal 2025, driven by new and existing programs as well as adding new customers with higher-margin opportunities. The company also expects earnings per share to grow at a faster rate than revenue, supported by margin expansion initiatives and operational efficiencies.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"movement","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}