Sanmina posts 3Q profit

SAN JOSE, Calif. (AP) _ Sanmina Corp. (SANM) on Monday reported fiscal third-quarter net income of $36.4 million.

The San Jose, California-based company said it had profit of 47 cents per share. Earnings, adjusted for non-recurring costs, were 74 cents per share.

The electronics manufacturing services company posted revenue of $1.71 billion in the period.

For the current quarter ending in September, Sanmina expects its per-share earnings to range from 73 cents to 79 cents.

The company said it expects revenue in the range of $1.73 billion to $1.78 billion for the fiscal fourth quarter.

Sanmina shares have increased 16 percent since the beginning of the year. In the final minutes of trading on Monday, shares hit $42.45, a climb of 48 percent in the last 12 months.


This story was generated by Automated Insights ( using data from Zacks Investment Research. Access a Zacks stock report on SANM at


Keywords: Sanmina, Earnings Report