Sanmina (NASDAQ:SANM – Get Rating) issued an update on its third quarter 2023 earnings guidance on Friday morning. The company provided earnings per share (EPS) guidance of $1.50-$1.60 for the period, compared to the consensus estimate of $1.55. The company issued revenue guidance of $2.20 billion-$2.30 billion, compared to the consensus revenue estimate of $2.23 […]
Sanmina (NASDAQ:SANM – Get Rating) announced that its Board of Directors has authorized a stock repurchase plan on Thursday, May 11th, RTT News reports. The company plans to buyback $200.00 million in shares. This buyback authorization authorizes the electronics maker to purchase up to 6.4% of its stock through open market purchases. Stock buyback plans […]
Sanmina (NASDAQ:SANM – Get Rating) issued an update on its third quarter 2023 earnings guidance on Friday morning. The company provided earnings per share guidance of $1.50-$1.60 for the period, compared to the consensus earnings per share estimate of $1.55. The company issued revenue guidance of $2.20 billion-$2.30 billion, compared to the consensus revenue estimate […]
Sanmina Co. (NASDAQ:SANM – Get Rating)’s share price traded down 4.3% on Friday . The stock traded as low as $50.00 and last traded at $51.24. 123,060 shares traded hands during trading, a decline of 71% from the average session volume of 430,770 shares. The stock had previously closed at $53.55. Analyst Upgrades and Downgrades […]
Horizon Investment Services LLC increased its position in shares of Sanmina Co. (NASDAQ:SANM – Get Rating) by 143.1% during the 4th quarter, Holdings Channel reports. The fund owned 11,705 shares of the electronics maker’s stock after buying an additional 6,890 shares during the quarter. Horizon Investment Services LLC’s holdings in Sanmina were worth $671,000 at […]