Sanmina Corp (OQ:SANM)

Sector:  Technology Industry:  Electronic Equipment & Parts
 
See Regulatory Filings on SEC
Company Contact
Address: 2700 N 1st St
SAN JOSE CA 95134-2015
Tel: 1-408-9643610
Website: https://www.sanmina.com
IR: See website
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Key People
Jure Sola
Chairman of the Board, Chief Executive Officer
Jon Faust
Chief Financial Officer, Executive Vice President
Charles C. Mason
Executive Vice President - Worldwide Sales
Alan McW. Reid
Executive Vice President - Global Human Resources
   
Business Overview
Sanmina Corporation is a provider of integrated manufacturing solutions, components, products and repair, logistics and after-market services. The Company provides these offerings primarily to original equipment manufacturers (OEMs), in industries, such as industrial, medical, defense and aerospace, automotive, communications networks and cloud infrastructure. The Company's operations are managed as two businesses: Integrated Manufacturing Solutions (IMS) and Components, Products and Services (CPS). IMS business consists of printed circuit board assembly and test, high-level assembly and test and direct-order-fulfillment. Its CPS components include printed circuit boards, backplanes and backplane assemblies, cable assemblies, fabricated metal parts, precision machined parts, and plastic-injected molded parts. Its products include memory solutions, high-performance storage platforms, optical, radio frequency (RF) and microelectronic (microE) design and manufacturing services and others.
Financial Overview
For the 13 weeks ended 30 December 2023, Sanmina Corp revenues decreased 20% to $1.87B. Net income decreased 38% to $57.1M. Revenues reflect Integrated Manufacturing Solutions segment decrease of 22% to $1.51B, Components Products and Services segment decrease of 14% to $394.3M, Asia Pacific (Region) segment decrease of 33% to $612.1M, Americas segment decrease of 15% to $960.4M. Net income also reflects Other Selling .
Employees: 34,000 as of Sep 30, 2023
Reporting Currency: U.S. Dollars
Enterprise value: $3,133M as of Dec 30, 2023
Annual revenue (TTM): $8,454M as of Dec 30, 2023
EBITDA (TTM): $542.85M as of Dec 30, 2023
Net annual income (TTM): $275.02M as of Dec 30, 2023
Free cash flow (TTM): $135.45M as of Dec 30, 2023
Net Debt Last Fiscal Year: N/A
Shares outstanding: 55,776,074 as of Jan 24, 2024
Index Membership: S&P 600 Small Cap
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization

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