Sanmina sees Q2 adjusted EPS $1.20-$1.30, consensus $1.09

Sees Q2 revenue $1.825B-$1.925B, consensus $1.8B. “Our team did a great job delivering first quarter financial results in line with our outlook. We are confident in our market-focused strategy and continue to position the company for long-term financial success,” stated Jure Sola, Chairman and CEO. “Our outlook for the second quarter is essentially flat with the prior quarter and is in line with our expectations for the first half of fiscal 2024. We believe we will see sequential improvement as we move into the second half of the year.”