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Sanmina Reports Q4, Full Fiscal 2022 Financial Results
November 9, 2022 | PRNewswireEstimated reading time: Less than a minute
Sanmina Corporation, a leading integrated manufacturing solutions company, reported financial results for the fourth quarter and fiscal year ended October 1, 2022 and outlook for its fiscal first quarter ending December 31, 2022.
"We are pleased with our financial results for the fourth quarter and fiscal year. Broad-based demand and solid execution were the key drivers to sequential and year-over-year revenue, non-GAAP operating margin and non-GAAP EPS growth," stated Jure Sola, Chairman and Chief Executive Officer of Sanmina Corporation. "We continue to see strong demand in our first quarter and expect growth in fiscal 2023 based on our current business and new opportunities."
"We are executing our long-term strategy of expanding our presence in end-markets that require greater technical expertise, complex mission critical end-to-end solutions and embedded resilience that will give us a competitive advantage and further strengthen our financial model," concluded Sola.
First Quarter Fiscal 2023 Outlook
The following outlook is for the fiscal first quarter ending December 31, 2022. These statements are forward-looking and actual results may differ materially.
- Revenue between $2.1 billion to $2.2 billion
- GAAP diluted earnings per share(2) between $1.22 to $1.32
- Non-GAAP diluted earnings per share(2) between $1.41 to $1.51
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