Sanmina Corp (OQ:SANM)

Sector:  Technology Industry:  Semiconductors
See Regulatory Filings on SEC
Company Contact
Address: 2700 N 1st St
SAN JOSE CA 95134-2015
Tel: 1-408-9643610
IR: See website
Key People
Jure Sola
Executive Chairman of the Board
Hartmut Liebel
Chief Executive Officer, Director
Kurt Adzema
Chief Financial Officer, Executive Vice President
Dennis R. Young
Executive Vice President - Worldwide Sales and Marketing
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 its offerings primarily to original equipment manufacturers (OEMs) in various industries, including communications networks, storage, industrial, defense and aerospace, medical and energy. The Company operates through two businesses: Integrated Manufacturing Solutions (IMS) and Components, Products and Services (CPS). IMS consists of printed circuit board assembly and test, final system assembly and test, and direct-order-fulfillment. Its Components include interconnect systems and mechanical systems. Its Products include memory, radio frequency (RF), optical and microelectronics solutions, defense and aerospace products, storage solutions and cloud-based manufacturing execution software. Its Services include design, engineering, logistics and repair services.
Financial Overview
For the 13 weeks ended 28 December 2019, Sanmina Corp revenues decreased 16% to $1.84B. Net income increased 1% to $38.3M. Revenues reflect IMS segment decrease of 14% to $1.54B, CPS segment decrease of 26% to $336.4M, United States segment decrease of 22% to $906.6M, Asia Pacific (Region) segment decrease of 15% to $672.6M. Net Income benefited from Other expense, net increase from $6M (expense) to $1.3M (income).
Employees: 43,000 as of Sep 28, 2019
Reporting Currency: U.S. Dollars
Enterprise value: $1,833M as of Dec 28, 2019
Annual revenue (TTM): $7,886M as of Dec 28, 2019
EBITDA (TTM): $402.42M as of Dec 28, 2019
Net annual income (TTM): $141.91M as of Dec 28, 2019
Free cash flow (TTM): $356.60M as of Dec 28, 2019
Net Debt Last Fiscal Year: N/A
Shares outstanding: 70,644,580 as of Jan 23, 2020
Index Membership: S&P 600 Small Cap
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization