Sanmina reports Q2 non-GAAP EPS $1.30, consensus $1.20

Reports Q2 revenue $1.83B, consensus $1.86B. “Our focused execution and operating discipline yielded financial results in line with our outlook,” stated Jure Sola, Chairman and CEO. “During the quarter, we started to see positive movement in some end-markets that have been notably depressed for the last few quarters. While there is still macroeconomic uncertainty, the team continues to demonstrate resilience. We remain optimistic that we will see sequential improvement as we progress through 2024.”